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Welcome to 148 Lincoln Avenue, a well-maintained two-family duplex in the heart of New Rochelle, offering both comfort and convenience in a prime location. This side by side property features two spacious units, each with its own private entrance, providing the perfect setup for extended living or added privacy. Each unit offers three generously sized bedrooms, creating a total of six bedrooms across the home. The layouts are thoughtfully designed to maximize space and functionality, making them ideal for everyday living. The home also features a finished basement, perfect for recreation, entertaining, or creating a comfortable space to enjoy time with friends. Situated on a 5, 227 sq ft lot, this property includes a (2) car attached parking setup and is conveniently located near public transportation, major roadways, shopping, and everyday amenities making commuting and daily errands effortless. Built in 1989 with a contemporary style, the home offers eat in kitchens, natural gas heating, public water and sewer, and tenant-paid electricity. Whether you're looking for a primary residence with additional living space or a smart investment opportunity, this property offers versatility, location, and value all in one. Roof is under 2 years old.
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Our Executive Mortgage Banker:
$999,000
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 | $799,200 | $799,200 | $799,200 |
| 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% | 6.259% | 6.058% |
| Monthly Tax Payment | $1,899 | $1,899 | $1,899 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,475 | $4,856 | $6,690 |
| Total Monthly Payment | $6,466 | $6,847 | $8,681 |
* 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.