|
Looking for a prime investment opportunity? This luxurious two-family residence in the quiet neighborhood of White Plains offers both high rental income and long-term value. Featuring two spacious duplex units, each with: Cathedral ceilings, 4 bedrooms & 3 full baths, master suites, jetted bathtubs, Oversized kitchens with Quartz counters, breakfast nooks, custom cabinetry, Patio and balconies with smooth stone flooring, Custom mahogany closets & wide-plank hardwood floors. Additional property highlights: Collect $6, 300/month rental income while occupying your own unit (Current lease runs until July 31, 2028), 4-car heated garage with huge storage above. Separate washer/dryer areas on 3 levels, Energy-efficient foam insulation, high-efficiency HVAC, and central vac, A large driveway, customizable paving, and sprinkler system. With nearly 3, 000 sq. ft. per unit, this property offers stable rental potential and strong appreciation prospects. Plus, it’s located just a short drive from downtown White Plains with express train access to NYC in 35 minutes—a highly desirable location for both tenants and owner-occupants. This is a turnkey, cash-flowing asset that delivers luxury, location, and income.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,650,000
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 | $2,120,000 | $2,120,000 | $2,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $2,513 | $2,513 | $2,513 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,543 | $12,541 | $17,463 |
| Total Monthly Payment | $14,181 | $15,179 | $20,101 |
* 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.