240 Monterey Avenue, Pelham, NY, 10803 | $2,750,000

Walk to train from this superbly-located, historic Edwardian era home that projects an outward stately presence with interior spaces that exude warmth and grace. Rooms throughout the first floor are defined by original American Chestnut paneled walls, moldings, and beamed ceilings, and beautiful original cross-hatched windows with built-in seating. A south-facing sunroom with sliding doors adjoins a cozy study lined with bookcases. The designer kitchen features custom, quarter-sawn oak cabinets and floors, pietro dura counters, Wolf range, SubZero refrigerator/freezer plus two auxillary refrigerator drawers, a large island with a second sink, and an adjoining breakfast area with extensive cabinets, a back staircase, and mudroom. The second floor features a master suite comprised of bedroom with wood-burning fireplace, huge dressing room, large study with built-in bookcases, and a tastefully renovated full bath. Three further bedrooms and full bath on the second floor plus a spacious third floor with three bedrooms and another full bath. Over 4200 square feet plus an additional 500 square feet of finished lower-level, wood-paneled space. Ample attic and basement storage plus a two-car garage. Located on an oversized lot and prime block in the coveted Pelham Heights neighborhood just blocks from Pelham's historic train station (with quick, 35-minute MetroNorth service to Grand Central), Pelham's downtown shops and restaurants, and all Pelham Schools.

Features

  • Rooms: 14
  • Bedrooms: 7
  • Baths: 3 full / 1 half
  • Laundry: In Basement
  • Style: Other, Traditional
  • Year Built: 1912
  • Garage: 2-car
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Basement: Finished, Full, See Remarks, Walk-Out Access
  • Approx Sq. Feet: 4,251
  • Acreage: 0.28
  • Est. Taxes: $51,393
  • Lot Desc: Back Yard, Landscaped, Level, Near Public Transit, Near School, Near Shops, Sprinklers In Front, Sprinklers In Rear
  • Elem. School: Colonial
  • Middle School: Pelham Middle School
  • High School: Pelham Memorial High School
  • School District: Pelham
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Oven, Exhaust Fan, Gas Cooktop, Microwave, Range, Refrigerator, Washer, Gas Water Heater
  • MLS#: 992566
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /eprop/992566/240montereyavenue_pelham_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: 914-738-2006

William Raveis Family of Services

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Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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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240 Monterey Avenue, Pelham, NY, 10803

$2,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,200,000 $2,200,000 $2,200,000
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 $4,283 $4,283 $4,283
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,319 $13,367 $18,417
Total Monthly Payment $16,727 $17,775 $22,825

* 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.