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Offering the only Brick Tudor style home for sale in lower Westchester under S1, 000K, right now. Conveniently located near Riverdale/NYC, in one of the oldest, commuter friendly, historical neighborhoods of Yonkers, LUDLOW PARK, the home's timeless character and appeal dates to 1930, a time when top quality construction mattered. Thankfully, the current owner continued that commitment by maintaining & renovating all with care over the past 43 years. Situated on a quiet street with a cherry tree out front, it still has all its original details intact - smooth plaster walls, huge windows, high ceilings and beautiful, gleaming oak floors. The main level has a well-planned lay-out with an open-feel, featuring a front to rear hall allowing for convenient access from the front as well as the garden to the new, well-appointed, spacious kitchen with a tri-angular appliance layout, a fitted pantry closet & cheerful breakfast nook. All baths were recently fully renovated with high quality materials & fittings. Bedrooms are all generously sized, featuring good closet spaces - and a cedar closet in the primary bedroom. The 3rd level is fully finished & was used as an additional bedroom and study. It has plenty of storage space as well. The full, unfinished lower level is accessible from both the exterior & interior. There is a young boiler, up-dated electrical service and a newer architectural shingle roof. Ludlow Park offers the best commute to NYC, the Bronx or anywhere in the Metro NY area. An 8-minute walk will take you to the newly renovated Ludlow train station with 30 minutes to Grand Central. Or walk a little longer to NYC public transport or Express buses. Some folks think Ludlow Park is an extension of Riverdale
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Our Executive Mortgage Banker:
$798,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $638,800 | $638,800 | $638,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $933 | $933 | $933 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,933 | $4,038 | $5,305 |
| Total Monthly Payment | $4,958 | $5,063 | $6,330 |
* 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.