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HIGHEST AND BEST DUE WEDNESDAY MARCH 18th AT 12PM. Investor alert. Fully tenant-occupied and already producing income — the kind of property investors wait for. Welcome to 30 Ridge Road in Dobbs Ferry, a well-maintained multi-family featuring a spacious 5-bedroom, 3-bath duplex plus a bright 3-bedroom, 2-bath top-floor residence. Two large units, strong layout, and immediate rental income from day one. The duplex offers a beautiful living and dining space, oak floors, a renovated eat-in kitchen with granite counters, and sliding doors leading to a large deck and backyard. The garden level includes a separate entry, living area with breakfast bar and granite island, two additional bedrooms with Jack-and-Jill bath, laundry area, and an attached 2-car garage. All of this just minutes from Dobbs Ferry’s downtown restaurants, shops, parks, and Metro-North, making it an easy commute to NYC and an easy property to keep rented. Turnkey. Income producing. In one of Westchester’s most desirable Rivertown communities. Sometimes the best investment is the one that’s already working for you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $2,697 | $2,697 | $2,697 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,824 | $6,319 | $8,706 |
| Total Monthly Payment | $8,646 | $9,141 | $11,528 |
* 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.