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Welcome to an exceptional opportunity in Pelham Manor’s highly sought-after Prospect Hill Elementary neighborhood! Set on just under half an acre, this spacious split-level home offers the perfect blend of privacy, presence, and incredible potential. Positioned well back from the street, the oversized driveway and expansive frontage create a true sense of arrival. With over 3, 100 square feet of living space, including the bonus space of a versatile lower level, this home delivers the space and flexibility today’s buyers crave. The main level features three bedrooms and two full baths, including a primary en-suite, while the lower level offers endless possibilities—ideal for working from home, multigenerational living, or simply spreading out in comfort. Here you’ll find a fourth bedroom, an additional full bath, a generous living area with wet bar/kitchenette, laundry, and direct access to the backyard. The home is further enhanced by thoughtful updates intended to improves its value, including a brand-new roof, whole-house generator, tankless hot water heater, French drain system, and heated garage. Outdoors, the expansive, private lot is a rare find. It offers ample room for recreation, entertaining, or future expansion, with space to create the backyard oasis of your dreams, including the potential for a pool! Don't settle for a home that barely suits your needs when you can have a dream home that will grow with you! Ideally located, enjoy easy access to Prospect Hill Elementary, playgrounds, Shore Park, and the NYAC at Travers Island, all within a wonderfully walkable neighborhood. Plus, a quick and convenient commute to Manhattan makes this location as practical as it is desirable. A home with this much space, land, and location is a rare find—don’t miss the chance to make it your own!
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Our Executive Mortgage Banker:
$1,475,000
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 | $1,180,000 | $1,180,000 | $1,180,000 |
| 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 | $2,205 | $2,205 | $2,205 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,700 | $7,170 | $9,958 |
| Total Monthly Payment | $9,030 | $9,500 | $12,288 |
* 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.