Nestled in a quiet desirable neighborhood in Rye City, this charming 1923 Colonial offers timeless character and an unbeatable location. Just a 1/2 mile from Rye Beach and only 1/4 mile to Rye Middle and High Schools, this home provides both convenience and coastal living. Inside, you'll find classic architectural details blending seamlessly with comfortable living spaces, a warm and inviting layout featuring a classic living room with brick wood burning fpl, sun filled dining room, powder room, kitchen with a few steps down to den opening to private deck overlooking private lush rear yard. The second level features two bedrooms and one full bath. A home that feels both cozy and full of potential. A rare opportunity awaits expansion - this property allows for up to 2528 sf living space, offering significant potential to add living space and customize the home to your needs. Enjoy peaceful surroundings while being close to everything Rye has to offer - beaches, schools, parks, and local amenities. Whether you're looking for a starter home, downsizing, or envisioning a future expansion, this property presents endless possibilities in a soughtafter community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,149,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $919,200 | $919,200 | $919,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,184 | $1,184 | $1,184 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,076 | $5,511 | $7,633 |
| Total Monthly Payment | $6,385 | $6,820 | $8,942 |
* 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.