56 Stephenson Boulevard, New Rochelle, NY, 10801 | $848,000

A rare opportunity to own a spacious two-family home in the heart of New Rochelle! Perfect for investors seeking strong rental potential or buyers looking to offset their mortgage while living in one unit and renting the other, this versatile property offers space, flexibility, and an ideal location. Each unit features 2 bedrooms, 1 full bathroom, and an additional bonus room, perfect for a home office, guest room, playroom, or additional living space. The bright interiors offer generously sized rooms, large eat-in kitchens, and an abundance of closet space throughout, creating comfortable and functional living in both residences. The full walk-out basement provides exceptional additional space, complete with a summer kitchen, ample storage, and endless possibilities for recreation, hobbies, or extended living use. Outside, enjoy a driveway leading to a two-car detached garage, a level yard, and beautifully maintained grounds that offer the perfect setting for outdoor entertaining or relaxing. Conveniently located just minutes from shopping, restaurants, parks, schools, and transportation, this home offers the best of suburban comfort with easy access to everything New Rochelle has to offer. Whether you're starting your next chapter or expanding your investment portfolio, this is an opportunity you won’t want to miss.

Features

  • Bedrooms: 4
  • Baths: 2 full
  • Style: Colonial
  • Year Built: 1920
  • Garage: 2-car
  • Heating: Hot Water, Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Full, Partially Finished, Storage Space, Walk-Out Access
  • Acreage: 0.18
  • Est. Taxes: $18,845
  • Lot Desc: Corner Lot, Level, Near Public Transit, Near School, Near Shops
  • Elem. School: Trinity Elementary School
  • Middle School: Isaac E Young Middle School
  • High School: New Rochelle High School
  • School District: New Rochelle
  • MLS#: 969189
  • Days on Market: 49 days
  • Website: https://www.raveis.com
    /prop/969189/56stephensonboulevard_newrochelle_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.

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.

Katie GosselinSales Associate

484.838.9535

Katie.Gosselin@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
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@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

56 Stephenson Boulevard, New Rochelle, NY, 10801

$848,000

Katie Gosselin

Sales Associate

William Raveis Real Estate

Phone: 484.838.9535

Katie.Gosselin@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $678,400 $678,400 $678,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.349% 6.183%
Monthly Tax Payment $1,570 $1,570 $1,570
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,852 $4,177 $5,725
Total Monthly Payment $5,514 $5,839 $7,387

* 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.