Welcome to 5247 Independence Avenue! This extraordinary residence known as the Henry Atherton Villa was once a gathering place for artists, poets, & society notables at the turn of the 20th century. Perched gracefully with views extending over the Hudson River & the Palisades, this property is a mere 15-minute drive from Midtown Manhattan, nestled within the historic district of Riverdale & walking distance to the notable Wave Hill Cultural Center & Garden. Constructed in 1830, the home showcases the enduring charm of the Gothic Revival style, complemented by a Colonial Revival addition at the turn of the century. This distinguished residence spans an expansive 10, 000 square feet, with 9 bedrooms, 8 baths, expansive lawns, a sunlit solarium, a greenhouse & a veranda offering enchanting river vistas. This historic colonial home is a living piece of history that seamlessly combines the grace of the past with the comforts of the present making it as inviting as it is awe-inspiring.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
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 | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $2,913 | $2,913 | $2,913 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,166 | $23,649 | $31,857 |
Total Monthly Payment | $25,204 | $26,687 | $34,895 |
* 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.