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Spacious 5-6-Bedroom Split-Level Home on Private Cul-de-Sac. Welcome to 8 Sterling Place a rare opportunity to own a custom-built split-level home located at the end of a serene cul-de-sac in the heart of back Lawrence, 11559 This expansive residence offers generously sized rooms designed for comfortable living and entertaining. The home features a large entryway leading to a bright and open living room, which flows into a stunning great room complete with a stone fireplace. A spacious study and an oversized kitchen-dining area with views of the deck and backyard enhance the appeal of the main level. There is a den on the main level and an additional half bathroom off the entrance foyer. Upstairs, you'll find three bedrooms and two full bathrooms, including a primary suite with an en-suite bath. A fourth bedroom and a full-length attic room await on the top floor, providing excellent space and flexibility. The lower level includes a sizable playroom, an additional bedroom, and another full bathroom. The fully finished basement spans the entire footprint of the house, making it an ideal space for recreation, hosting events, or other creative uses. Outdoors, enjoy a large deck overlooking the lush backyard, perfect for relaxing or entertaining, and attached two-car garage adds convenience and functionality. 8 Sterling Place is a one-of-a-kind home offering space, comfort, and thoughtful design in a prime location with easy access to local amenities and community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
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 | $1,307 | $1,307 | $1,307 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,940 | $10,937 | $15,068 |
Total Monthly Payment | $11,372 | $12,369 | $16,500 |
* 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.