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This classic, timeless and charming Tudor style home built in 1928, is set on two separate deeded parcels, each one is 50'x100' to120'and nestled in the Mortgage Hill neighborhood of Peekskill. Lovingly maintained by the same family for 32 years, this home offers exceptional privacy, beautifully landscaped, level useable land and stunning out door living. . . including a Koi pond framed by a beautiful stone patio. The Original enclosed vestibule opens to a generous living room featuring a fireplace, sitting alcove and oversized windows that flood the space with natural light. Formal dining room opens via a French door to an expansive deck that spans both the dining room and updated kitchen creating a great indoor-outdoor flow for entertaining. The kitchen also offers direct access to the deck and yard. A versatile room off the kitchen with its own private entrance offers possibilities as a mudroom, home off or family room and more. Upstairs, three generous size bedrooms and an updated hall bath complete the living quarters. Attic offers additional storage and is full and unfinished with pull down stairs. The dry, useable lower level , which has a very large heated workroom offers abundant flexible space, including a laundry area with slop sink, mechanicals and oil tank. A capped pipe is already in place for a potential future bathroom in the lower level. A side door at the top of the basement stairs leads to the driveway and outdoor area. Original hardwood floors throughout, wood moldings, wainscot chair rails , archways, high ceilings, plaster walls and wall sconces, all speak to the craftsmanship of a bygone era. Parking is a breeze with a driveway accommodating four or more cars. Ideally located within walking distance to downtown shops and restaurants, Metro North train and just minutes to major highways. There is a whole house generator and the home has two zone heating. Roof approximately 20 years old, hot water heater 2021, new deck floor, 2025, interior painting 2026. Approximate utilities cost: oil $1000 per year, ; gas and electric $400 per mo. Princeton School Plan is in effect in Peekskill. PreK-K, Uriah Hill, Kindergarten and Grade 1, Woodside, Grades 2-3, Oakside and grades 4-5, Hillcrest . Star savings, if applicable is $1438. 77.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $1,093 | $1,093 | $1,093 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,603 | $2,673 | $3,566 |
| Total Monthly Payment | $3,788 | $3,858 | $4,751 |
* 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.