56 Drake Road, Scarsdale, NY, 10583 | $1,395,000

Enjoy a lifestyle of elegance, sophistication and grandeur in this classic Victorian in the heart of Scarsdale. Spanning 3, 000 square feet, this home exudes charming design and details, from bay windows and built-in stained glass to stately columns and impressively high coffered ceilings. Located on an oversized corner lot with a two-car garage, this home is within a few blocks of the Edgewood elementary school and a short distance to the train, shopping, high school and library. The gracious open layout boasts plenty of room for entertaining and family holidays, with a grand formal living and dining room plus beautiful mahogany mantel and wood-burning fireplace. The eat-in kitchen opens into a family room with a second wood burning fireplace, creating a cozy ambiance on chilly evenings. The second floor features a large primary en suite bedroom, three additional bedrooms and hall bath. On the spacious third floor, two more rooms and another full bath offer flexible space for a playroom, office or separate guest suite. The exterior of this home offers the timeless appeal of a wrap-around porch, which will surely become a favorite spot to enjoy the outdoors. Notable updates include a new asphalt roof, installed in 2023. Get ready to embrace the splendor of this architectural beauty, ideally located within very close proximity to all Scarsdale has to offer.

Features

  • Rooms: 12
  • Bedrooms: 6
  • Baths: 3 full / 1 half
  • Style: Victorian
  • Year Built: 1887
  • Garage: 2-car Detached, 2 Car Detached
  • Heating: Natural Gas, Hot Water, Steam
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 2,900
  • Acreage: 0.32
  • Est. Taxes: $29,412
  • Lot Desc: Near Public Transit
  • Elem. School: Edgewood School
  • Middle School: Scarsdale Middle School
  • High School: Scarsdale Senior High School
  • School District: Scarsdale
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • MLS#: H6291445
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/H6291445/56drakeroad_scarsdale_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Compass Greater NY, LLC   Phone: 914-725-7737

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

56 Drake Road, Scarsdale, NY, 10583

$1,395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,116,000 $1,116,000 $1,116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 7.000% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 7.103% 6.915%
Monthly Tax Payment $2,451 $2,451 $2,451
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,871 $7,425 $9,876
Total Monthly Payment $9,447 $10,001 $12,452

* 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.