**NEW CONSTRUCTION** Be the first to live in this Two-family dwelling - ideal for those looking to owner-occupy one unit, while benefitting from the rental income of the second unit to help offset one's mortgage/taxes. Alternatively, this property can work well for multi-generational living, or the investor alike. The ground floor unit is 2-bed / 1-bath with direct access to the backyard, and an unfinished basement which offers added potential. The second unit is a 3-bed / 3-bath Duplex that lives much like a single-family home, including an ensuite Primary bedroom, a second Living room, and a large SouthWest facing balcony on each level. Each apartment has high efficiency Split systems for heating/cooling, high ceilings, tall windows, hardwood floors, in-unit laundry closets with hook-ups, and an open concept Kitchen connected to the Dining and Living room spaces. Centrally located to all - the Hudson River waterfront/marinas, a wide array of shops and restaurants, parks & recreation, and the transformative Edge-on-Hudson development which includes luxury residences, DeCicco & Sons gourmet market (being built), with more dining/shops coming soon. 1/4 mile to the Metro-North Railroad Tarrytown station for an easy and scenic 40 minute commute to NYC. If you like street fairs, cultural festivals, jazz concerts, history, legends, and Halloween, you will want to settle here soon! (The property is in the final stage of completion and will be ready for immediate sale/quick close)
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Our Executive Mortgage Banker:
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$875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $160 | $160 | $160 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,197 | $4,540 | $6,098 |
Total Monthly Payment | $4,449 | $4,792 | $6,350 |
* 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.