Don't miss this rare opportunity in the coveted Briarcliff Manor School District; Welcome to this exceptional multi-family home located in the highly desirable village of Briarcliff Manor, offering a unique potential to live in one unit while collecting rental income from the others. Located within the award-winning Briarcliff Manor School District, this property presents a unique blend of lifestyle and long-term value. This property is a legal four unit but is currently set up as a three unit. The spacious main unit features 3 bedrooms and has a modern kitchen showcasing granite countertops, breakfast bar, new Whirlpool electric stove and refrigerator, hardwood floors and recessed lighting. 2 sets of French doors from main unit out to large wrap around deck. Enjoy the convenience of basement washer and dryer, and hardwood floors as seen throughout all 3 units. The second apartment offers 2 bedrooms, new electric stove in kitchen and an updated full bath, while the third unit also features 2 bedrooms with updated kitchen including new electric stove and updated bathroom. Access to additional walk out area from this level. The main level unit is vacant and has been refreshed. Both 2nd floor units are currently tenant occupied. Additional highlights include: Roof updated 2012 New Hot Water Heater 12/22 New Weill McLean furnace installed 1/25 4-car detached garage with storage space Public sewer Separate utilities/4 electric meters – Tenants pay their own utilities This property is perfect for homeowners looking to offset their mortgage with tenant revenue. Don’t miss this extremely rare opportunity in one of Westchester County’s most sought-after communities.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.984% | 5.806% |
| Monthly Tax Payment | $1,491 | $1,491 | $1,491 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,368 | $5,915 | $8,237 |
| Total Monthly Payment | $6,984 | $7,531 | $9,853 |
* 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.