HIGHEST + BEST offers due May 2 at 12PM. Thank you! Rare turn-key two-family opportunity in the highly sought-after Rye Neck School District with major mechanical updates. This beautifully maintained property offers nearly 2, 500 sq ft of living space and features two spacious units, each with 6+ rooms including 3 bedrooms, large living room, formal dining room, and eat-in kitchen. Interiors highlight refinished hardwood floors, updated kitchens with granite countertops and stainless steel appliances, renovated bathrooms, and central air conditioning. Major mechanical upgrades include two new high-efficiency 96% heating and central AC systems installed in 2024, two separate hot water heaters, and a new roof (2020). Each unit has separate utilities, offering true independence and making the property ideal for investors or owner-occupants. Additional features include separate washer/dryer setups, driveway parking plus a one-car garage for each unit, attic and basement storage, and a shared patio and backyard. Located on a cul-de-sac just six blocks from Metro-North, with an easy commute to NYC, and a short walk to Mamaroneck Harbor, parks, shops, restaurants, and schools. Perfect for owner-occupants looking to offset living expenses or investors seeking strong rental potential in a prime Westchester location. Roadwork in progress on Jefferson; entire road to be repaved.
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Our Executive Mortgage Banker:
$1,025,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $820,000 | $820,000 | $820,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,646 | $1,646 | $1,646 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,656 | $4,982 | $6,920 |
| Total Monthly Payment | $6,427 | $6,753 | $8,691 |
* 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.