40 Mendota Avenue, Rye, NY, 10580 | $3,200,000

The brick house coveted from afar by so many! If you are looking for the ultimate in walkability and a coveted neighborhood setting, then look no further. This handsome brick and stone Colonial is set on a level . 22 acre lot in a wonderful Rye neighborhood, where residents ride bikes, play hockey, shoot baskets and Trick or Treat on the quiet streets of Indian Village. Perfect close to town location, just 5 minute stroll to the Rye train station, downtown shops and restaurants, Rye Country Day , the Apawamis Club and the Rye YMCA and Library. This home was thoughtfully elevated, expanded and renovated top to bottom (completed 2024) to get all the bells and whistles that today's discerning buyers are looking for including an enormous Eat-in Kitchen with top of the line Wolf, Subzero and Bosch stainless steel appliances and seating for 5 at the kitchen island as well as an open Dining Area, large adjoining Family Room, 1st floor Laundry Room, 1st floor Guest Room and Bath, Pantry, the brightest Sunroom/Home Office and a 22KW generator. This home features over 3900 square feet of legal living space on 3 levels including a total of 6 bedrooms and 5 full baths and 1 powder room, all renovated or new in 2024, as well as a lower level with an additional 1700+ feet of on grade, walkout indoor sports and storage space with high ceilings-- the possibilities are endless! Please note that some of the photos are virtually staged.

Features

  • Rooms: 11
  • Bedrooms: 6
  • Baths: 5 full / 1 half
  • Laundry: In Hall, Laundry Room
  • Style: Colonial
  • Year Built: 1916
  • Garage: 1-car
  • Heating: Hot Water, Natural Gas, Radiant
  • Cooling: Central Air
  • Basement: Full, See Remarks, Storage Space, Unfinished, Walk-Out Access
  • Approx Sq. Feet: 3,902
  • Acreage: 0.22
  • Est. Taxes: $36,962
  • Lot Desc: Level, Near Public Transit, Near Shops, Sprinklers In Front, Sprinklers In Rear
  • Water Front: Yes
  • Elem. School: Osborn
  • Middle School: Rye Middle School
  • High School: Rye High School
  • School District: Rye City
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • MLS#: 974971
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /eprop/974971/40mendotaavenue_rye_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Houlihan Lawrence Inc.   Phone: 914-967-7680

William Raveis Family of Services

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Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Jennifer HartRegional Sales Manager, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

40 Mendota Avenue, Rye, NY, 10580

$3,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,560,000 $2,560,000 $2,560,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment $3,080 $3,080 $3,080
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,535 $15,762 $21,603
Total Monthly Payment $17,740 $18,967 $24,808

* 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.