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Presented by![]() Joe Olivastro |
Nestled in the desirable Wood Hollow Estates neighborhood in Armonk NY, 2 Terrace Circle is a well scaled, custom built 7 bedroom, 7. 5 bath home offering privacy and sophistication. An impressive 2-story foyer, showcasing coffered ceilings, exquisite mahogany millwork, classic moldings, and a flexible layout. The dining room features a large bay window and custom wall panels, flowing into a conveniently located, well-outfitted service pantry, perfect for entertaining. The large scaled living and family rooms both feature wood burning fireplaces and an abundance of natural light. The gourmet kitchen offers state-of-the-art appliances and breakfast nook with patio access. A bedroom, bath and pantry complete this level. Upstairs, the elegant feel continues with a luxurious primary suite plus 5 additional ensuite bedrooms, and a sitting room/playroom. Additional 2, 456 of finished sq foot (not included in the total sq ft) in the walk out lower level includes a pub style bar, fireplace, wine cellar, gym and a movie room. Professionally landscaped property with mature plantings, fenced in rear yard with pool, waterfall, and spa complete this idyllic setting. 45KW Generator. Minutes to downtown Armonk and within 1 hour to NYC.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,495,000
Sales Associate
William Raveis Real Estate
Phone: 239.777.3225
Joe.Olivastro@Raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,196,000 | $5,196,000 | $5,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | $8,217 | $8,217 | $8,217 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,911 | $33,271 | $44,552 |
Total Monthly Payment | $38,253 | $41,613 | $52,894 |
* 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.