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Welcome to 16 Park Hill Terrace - a rare opportunity to lease an architectural gem that blends timeless design and modern luxury! This striking mid-century style home is quietly set within the established Dobbs Ferry neighborhood of Hilltop Park. Thoughtfully updated with exceptional attention to detail, its low-slung classic reveals a sophisticated interior that exceeds its more modest exterior. The spacious first floor features an updated kitchen, two living spaces, two large bedrooms with en-suite bathrooms, and a convenient powder room - with finishes including a curated palette of quartz, stainless steel, lacquered surfaces, and bamboo flooring. A statement stone fireplace anchors the main living space, creating a warm yet modern focal point. The expansive floor-to-ceiling glass doors on both the front and back blur the line between indoors and out, flooding the home with natural light and framing tranquil woodland views. A large deck, accessible from both living rooms and overlooking the woods, extends the experience outdoors and makes entertaining a breeze. The lower level features a third large bedroom with a private exit to the garden, a full bathroom with a double vanity and a walk-in closet, a convenient laundry room, a rec room, and an additional, flexible, sun-filled space ideal for a home office, studio, or fitness room that seamlessly opens to an outdoor back patio. Tenants will enjoy ample storage and cabinet space throughout the house. This contemporary home is set next to the Juhring Estate Nature Preserve, offering privacy and a rare connection to nature, while remaining moments from Metro-North, village shops, dining, and the Ardsley schools. A short 35-minute drive to Grand Central! Rent includes water and landscaping.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $7,600 | $7,600 | $7,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.168% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $44 | $46 | $61 |
| Total Monthly Payment | $119 | $121 | $136 |
* 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.