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Beautifully renovated and exceptionally spacious contemporary residence ideally located in the desirable Chester Heights section of Mount Vernon, offering quick and convenient access to major parkways and seamless proximity to the Bronx and New York City. This impressive home delivers a rare combination of scale, flexibility, and location—perfect for modern living, entertaining, and multi-generational needs. The home offers six bedrooms and is filled with natural light throughout, creating a bright and airy atmosphere across its expansive layout. Thoughtfully updated with top-of-the-line fixtures, finishes, and materials, the home reflects pride of ownership and a high level of quality consistent with a well-maintained residence. Generously proportioned rooms, multiple living areas, and an intuitive flow make the home both comfortable and functional. The primary bedroom suite serves as a private retreat, featuring an en-suite bathroom and private balcony. Additional bedrooms are well sized and versatile, accommodating guest space, home offices, or creative use as desired. A substantial approximately 1, 400 square foot addition dramatically enhances the home’s living space. While public tax records reflect approximately 3, 500 square feet, the actual usable living area is closer to 5, 000 square feet, offering exceptional value rarely found in the area. Comparable homes of this size and quality in this submarket have commanded significantly higher prices when fully completed and permitted. The addition includes a large separate family room with its own private rear entrance, creating flexibility for extended living, work-from-home use, or guest accommodations (subject to municipal approvals). This area connects to an upper level featuring an additional bedroom, full bathroom, and family room. Additional highlights include finished attic space with its own private balcony, further expanding usable living area and lifestyle options. Set on a generously sized lot, the property provides valuable outdoor space while maintaining privacy and comfort. The home has been well maintained, with select improvements identified that are typical for a residence of this size and scope. A professional estimate has been obtained and can be made available, offering the next owner the opportunity to address these items and further customize the home. The asking price reflects thoughtful consideration of the current condition and the work identified, presenting a remarkable opportunity for a buyer to capture significant equity in a location where similarly sized homes have sold for considerably more. Conveniently located near the Hutchinson River Parkway, Cross County Parkway, shopping, dining, schools, and public transportation. A truly unique opportunity combining space, flexibility, and proximity to NYC.
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Our Executive Mortgage Banker:
$1,395,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $2,269 | $2,269 | $2,269 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,163 | $6,691 | $9,267 |
| Total Monthly Payment | $8,557 | $9,085 | $11,661 |
* 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.