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This contemporary waterfront residence in the sought-after Village of Kings Point offers an unparalleled blend of modern luxury and natural beauty. Situated on over an acre of prime waterfront property, the home features expansive floor-to-ceiling windows, multiple balconies, and a roof deck, all designed to maximize the breathtaking water views. The interior boasts a spacious living room with a fireplace, a formal dining room, a comfortable den, and a gourmet eat-in kitchen equipped with state-of-the-art appliances. The property includes five bedrooms and five and a half bathrooms. The primary suite is a luxurious retreat, featuring separate his and hers bathrooms and a private sitting room with breathtaking waterviews. A fully finished basement offers a versatile space, including a playroom and a gym, 2 guest bedrooms with baths. This property exemplifies modern waterfront living in Kings Point, combining architectural excellence with luxurious amenities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,800,000
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 | $7,840,000 | $7,840,000 | $7,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.613% | 6.435% |
Monthly Tax Payment | $7,578 | $7,578 | $7,578 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,131 | $49,554 | $67,222 |
Total Monthly Payment | $52,834 | $57,257 | $74,925 |
* 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.