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Welcome to 53 Cedar Lane, a 4-bedroom, 5. 5-bath custom-built residence nestled on 1. 7 acres in the serene community of Remsenburg. This expansive home, with approximately 5, 654 square feet of living space, offers a harmonious blend of luxury and comfort. Greeted by a grand foyer, you are led to a spacious great room, perfect for entertaining guests or enjoying cozy evenings. The gourmet kitchen, equipped with top-of-the-line appliances, flows seamlessly into a sunlit breakfast nook, providing a delightful space for morning meals. For more formal occasions, the separate dining room offers an elegant setting. The first floor features a junior suite, ideal for guests. The library provides a quiet retreat for reading or work, while the sunroom offers panoramic views of the meticulously landscaped grounds. The second level includes, a primary suite which serves as a private sanctuary, complete with a luxurious en-suite bathroom and ample closet space, office area with a private balcony. Three additional bedrooms, all spacious and each with its own bathroom, ensure comfort and privacy for all The grounds are equally impressive. A sparkling pool invites you to cool off during warm summer days, while the tennis court offers a venue for friendly matches. Mature landscaping surrounds plentiful lawn space and enhances the property’s beauty and privacy. Indoor outdoor living seems to be the theme, as both dining and kitchen areas open into nature. The right of way to the water and private beach add to the allure of this exceptional home. Winter water views are included! Located in the charming hamlet of Remsenburg, 53 Cedar Lane offers a tranquil retreat while still being within easy reach of the Hamptons’ renowned dining, shopping, and beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,650,000
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 | $3,720,000 | $3,720,000 | $3,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $1,668 | $1,668 | $1,668 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,122 | $23,820 | $31,391 |
Total Monthly Payment | $22,915 | $25,613 | $33,184 |
* 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.