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Welcome to this beautifully updated 1-bedroom garden-style co-op in the highly desirable Rye Colony community. Ideally located just moments from the train and vibrant downtown Rye, this home offers the perfect blend of convenience and tranquility. Step inside to find a thoughtfully renovated kitchen and bathroom, complemented by gleaming hardwood floors and freshly painted throughout. The layout is both functional and inviting, filled with natural light and designed for comfortable living. One of the standout features is the private outdoor space—enjoy your own deck just off the rear door, perfect for morning coffee or relaxing evenings or savor the fresh air in the front courtyard. Surrounded by lush, well-maintained green space, Rye Colony provides a peaceful, park-like setting. Additionally, the monthly maintenance covers most expenses; gas, heat, hot water, electric and taxes. It is a perfect opportunity to own a move-in ready unit in a prime location close to shops, dining, and transportation—don’t miss this Rye City value! Board Application and Approval is required.
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Our Executive Mortgage Banker:
Our Insurance Division:
$285,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $228,000 | $228,000 | $228,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.487% | 5.614% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,349 | $1,422 | $1,848 |
| Total Monthly Payment | $1,424 | $1,497 | $1,923 |
* 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.