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Location, location, location! The cardinal principles of buying real estate have not changed. Nestled in the heart of Pelham Heights on a coveted street, this 1907 3, 243 sq. ft. 5 BR, 3 1/2 bath Colonial sits on a 1/4 acre lot with a 2 car detached garage and is a short distance to the Blue Ribbon Colonial Elementary School, state of the art Pelham Middle School, and the award winning Pelham Memorial High School. The Metro North train station is close by (8 minutes), with a 29 minute commute to NYC. Enjoy close proximity to the charming downtown Village of Pelham with shops, restaurants, a movie theater, day care centers, a playground, the Pelham Art Center, a town park with a gazebo and much more! A massive and welcoming front porch is a perfect place to gather, relax and enjoy the open air. A large front foyer leads to generous inviting rooms, with lots of character and period details, including multiple large windows, pocket doors, hardwood flooring, decorative wood moldings and tall ceilings. A luxurious living room with a fireplace, opens directly to an oversized dining room ready for intimate dining and lavish holiday entertaining. A room with skylights was added by the present owners and leads to a large deck with a gas barbecue overlooking a rustic wooded backyard. A primary suite includes a bedroom, multiple closets and an ensuite bathroom. There are 3 additional bedrooms on the 2nd floor, a large hall bathroom and a convenient laundry room. The 3rd floor includes a bedroom (or office), bathroom and storage. A full unfinished basement provides lots of extra storage space. Bring your creative ideas and transform this perfect space on an ideal street into your dream forever home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,748,000
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 | $1,398,400 | $1,398,400 | $1,398,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 6.110% | 5.932% |
| Monthly Tax Payment | $3,028 | $3,028 | $3,028 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,614 | $8,384 | $11,612 |
| Total Monthly Payment | $10,767 | $11,537 | $14,765 |
* 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.