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CASH ONLY! HYDE PARK POOL HOME! Located in the heart of Hyde Park’s historic district, this fixer-upper offers a rare opportunity to create a custom dream home without the usual historic hurdles. The current owners have already completed the extensive approval process with the Historic District, including approved plans for a second-story addition above the existing first-floor bedroom. The approved plans allow for a total of 2, 770 square feet, giving the next owner a clear and confident path to expand and renovate. With the heavy lifting already done, this home is ready for its next chapter. The home currently features three bedrooms, one full bathroom, one half bathroom, and a TWO-CAR garage. Walk up to a charming two-story home with a covered front porch and covered parking. Step inside to a welcoming living area highlighted by a gas fireplace, which flows into the dining area. From there, the dining room opens into an additional family room, offering flexibility as a playroom, office, or renovation opportunity to suit your vision. This space leads to the half bathroom and the kitchen. Upstairs, you’ll find three bedrooms, two of which have access to the front balcony, while the third bedroom opens to a private rear balcony. A full bathroom is also located on the second floor. Outside, enjoy a covered front porch overlooking the SPARKLING POOL, which leads into a charming courtyard area and provides access to the two-car garage. With approved expansion plans and a prime Hyde Park location, this property presents an exceptional opportunity for investors or buyers looking to restore and customize a historic home with confidence.
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$1,399,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $1,119,920 | $1,119,920 | $1,119,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.007% | 5.972% |
| Monthly Tax Payment | $1,136 | $1,136 | $1,136 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,359 | $6,625 | $9,300 |
| Total Monthly Payment | $7,620 | $7,886 | $10,561 |
* 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.