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Introducing a rare side-by-side TWO-Family home in the highly sought-after Pelham Manor, located at 490 & 492 Carol Place! Opportunities like this are extremely limited, offering two mirror-style residences that are perfect for an owner-occupant looking to offset expenses or an investor seeking a prime income-producing property. Each unit features 2 bedrooms, 1 full bathroom, and a finished bonus 3rd level that provides flexibility for a home office, guest suite, or additional living area. As you enter, you are welcomed by a bright and inviting living room, hardwood floors throughout, a formal dining room, and a walk-through kitchen that leads to a private basement with excellent storage, its own water heater, separate electric, and a private washer and dryer. Both units also enjoy access to a shared backyard deck perfect for entertaining, along with a lower grass area ideal for relaxing or outdoor gatherings. Immaculately maintained throughout the years, the property also offers a long driveway with plenty of parking. Ideally located within the award-winning Pelham School District and just a short distance to Siwanoy Elementary School, parks, restaurants, shopping, and the Pelham Metro-North station for a 30-minute express ride to Manhattan. With award-winning schools, a prime location, and very few homes of this kind available, this is a rare opportunity that truly does not come around often!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,983 | $1,983 | $1,983 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,446 | $5,828 | $8,094 |
| Total Monthly Payment | $7,554 | $7,936 | $10,202 |
* 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.