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STONE ARCHES, OLD WESTBURY CHOICE OF JERICHO or EAST WILLISTON School District. Extraordinary Modern 6 Bedroom home designed by renowned architect Ulrich Franzen who is best known for his Modernistic Designs of impressive Stone Facade's and Skywalks, creating much of New York City's interior landscape. Both residential and commercial construction such as the Roosevelt Field Shopping Mall are to his credit. 3 Paddock Ct. Old Westbury is one of Old Westbury's most Unique Architectural Gems, where this Striking Residence is set high on 2 acres of a private cul-de-sac where soaring ceilings, domed skylights, expansive windows and 2nd story Walk Out Patios overlook this Pristine Property. A long elevated private drive leads to the circular courtyard and skywalk entrance. The Gracious Domed Foyer leads to Kitchen, Den, and Bedroom Wing and opens to an Expansive Balcony styled Hallway overlooking the lower levels Grand Entertaining rooms. Beautiful built-in Exotic Wood Cabinetry compliment the serving Bars, Media Rm & Library. Offering 2 separate Guest Suites, IG pool, 2 Car Garage. Choice of East Williston SD#2 or Jericho SD#15. By Appointment
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Our Executive Mortgage Banker:
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$3,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,040,000 | $3,040,000 | $3,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | $3,837 | $3,837 | $3,837 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,023 | $18,966 | $25,653 |
Total Monthly Payment | $20,985 | $22,928 | $29,615 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.