7 Fernwood Avenue, Rye, NY, 10580 | $2,395,000

Step into modern luxury at 7 Fernwood Avenue, a beautifully reimagined 5 bedroom, 4. 5 bathroom home offering refined design, effortless flow, and modern comfort in one of Rye’s most sought-after neighborhoods. Set on a serene, level lot, this bright and inviting home seamlessly blends timeless architecture with today’s elevated finishes. Every inch of this property has been thoughtfully updated to blend timeless style with today’s must-have comforts. The heart of the home is the stunning chef’s kitchen, boasting an oversized quartz island, an apron sink, and custom cabinetry. Thermador appliances; including an oversized range, wine fridge, microwave drawer, and dishwasher make both everyday meals and entertaining a breeze. The open concept layout flows effortlessly, with sunlight pouring through oversized windows, highlighting the rich hardwood floors and soaring ceilings throughout. The main level offers an ideal balance of open living and defined spaces. Enjoy casual gatherings in the family room off the kitchen, cozy evenings by the wood-burning fireplace in the living room, or formal entertaining in the dining room. A well-appointed mudroom and welcoming foyer add everyday ease with understated elegance. Upstairs, retreat to the luxurious primary suite with its walk-in closet and en-suite bath. Another bedroom with a private en-suite bathroom makes a perfect guest or in-law suite, while two additional bedrooms share a beautifully designed hall bath. The fully finished basement expands your living space with a bonus bedroom, full bath, recreation room, and laundry. Outdoors, the tranquil setting and neighborhood charm create a true sense of home. With a big one-car garage, premium finishes throughout, and every detail carefully considered, this home is designed for both everyday living and effortless entertaining. A rare opportunity to enjoy a move-in ready home in Rye, thoughtfully designed, and truly timeless - it’s the lifestyle upgrade you’ve been waiting for.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Style: Tudor
  • Year Built: 1929
  • Garage: 1-car
  • Heating: Forced Air
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 3,686
  • Acreage: 0.1
  • Est. Taxes: $21,210
  • Elem. School: Milton School
  • Middle School: Rye Middle School
  • High School: Rye High School
  • School District: Rye City
  • Appliances: Stainless Steel Appliance(s)
  • MLS#: 949245
  • Days on Market: 26 days
  • Website: https://www.raveis.com
    /prop/949245/7fernwoodavenue_rye_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Compass Greater NY, LLC   Phone: 914-223-7623

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

7 Fernwood Avenue, Rye, NY, 10580

$2,395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,916,000 $1,916,000 $1,916,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.021% 5.996% 5.932%
Monthly Tax Payment $1,768 $1,768 $1,768
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,432 $11,334 $15,911
Total Monthly Payment $12,325 $13,227 $17,804

* 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.