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The Grand Dame of Ellison. A true gem, long admired for its unmatched curb appeal in all of the Cedar Knolls vicinity! This stunning home showcases magnificent gardens with mature plantings and a large flat backyard-perfect for outdoor entertaining, play or peaceful relaxation. Brimming with natural light, the entire home offers an exceptionally bright and cheerful atmosphere. Inside, the main level features a welcoming entryway, a charming eat-in kitchen with a bay window and direct access to the backyard patio, a formal dining room ideal for hosting guests, and a spacious formal living room with wood-burning fireplace. Two sets of French doors lead seamlessly into the beautiful, three-windowed sunroom- a serene haven for reading and relaxation. Also on the first floor is a versatile office or den with built-ins, offering a comfortable and productive work-from-home environment, along with a convenient powder room. The second floor boasts a well appointed primary bedroom with an ensuite bath, three additional spacious hall bedrooms and a full hall bath. Each bedroom benefits from multiple exposures, filling the spaces with natural light. The third floor offers a bonus room currently being used as a bedroom, plus a full bath-ideal for guests, an au pair or additional living space. Although the home predates the Certificate of Occupancy (built in 1920), it appears that the third floor has been grandfathered in. The generously sized lower level includes a working wet bar, laundry room and a cedar closet and ample storage. With a walkout entrance to the backyard, this level is perfect for recreation, storage, or play. This house has been called "home" to only two families and is now ready for you to call it home. . .
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,994,500
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 | $1,595,600 | $1,595,600 | $1,595,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $1,605 | $1,605 | $1,605 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,060 | $10,217 | $13,573 |
Total Monthly Payment | $10,790 | $11,947 | $15,303 |
* 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.