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Presenting this exceptional custom-built new construction boasting the latest technological advancements that ensure a high level of efficiency and safety against natural disasters. This is NOT an elevated old structure which is common in the area. Completed in 2021, this advanced ICF construction complies with and exceeds FEMA requirements for fire, flood and wind resistance, with an elevated design and provided Elevation certificate. Flood insurance with a certificate available for just $600/year. Foundation is reinforced with 22 steel piles 17 feet deep into the ground. This impressive home features stunning views of the Great South Bay, with 80 feet of canal access at the bay's mouth, truly a gem boasting views almost everywhere throughout the home. Spanning a total of three stories, the layout is as follows: First floor: A spacious 2-4 car garage, storage/hobby room, and a strategically placed entryway. Second floor: kitchen with granite counters, dining living area, large deck facing the open bay, technical room, closet, and half bathroom. There is also a bedroom with a full bathroom and walk-in closet, hall and front entryway into the home. Third floor: The luxurious primary bedroom, complete with a full marble bathroom, double sink, bathtub & shower, walk-in closet, and a private balcony. Additionally, there are three more spacious bedrooms and another large double sink bathroom. This home offers the convenience of radiant heat and forced air heating, both hydraulic, that can be used separately or in combination. Central AC, central vacuum, and surveillance cameras installed around the perimeter of the house. 9-foot ceilings, fire sprinklers and hard wired smoke detectors throughout the house. Elevator & fireplace installation ready. Large driveway space for 5 cars.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,240,000
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 | $992,000 | $992,000 | $992,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $1,895 | $1,895 | $1,895 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,478 | $6,028 | $8,304 |
Total Monthly Payment | $7,498 | $8,048 | $10,324 |
* 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.