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THIS IS THE VIEW YOU’VE BEEN DREAMING OF! HUDSON RIVER VIEWS FROM EACH ROOM of this sunny-corner unit, 3-bedroom, 2 Full Bath co-op apartment with a Private Terrace, in the sought-after riverfront community of Scarborough Manor. This unit features a kitchen, formal dining room, oversized living room with panoramic views and a door to your private terrace. The primary bedroom includes an en-suite bathroom, walk-in closet, dressing room and cedar closet. In the hallway, there is a large storage closet, that we call “the garage!" Several custom upgrades in this unit include 1" sound supression cork flooring/underlayment throughout, glazed ceramic tile in the foyer/hallway/kitchen/dining room and new weatherstone tile on your private terrace. This unit offers a peaceful living experience with resort-style amenities, including: • Clubhouse with fitness center, sauna, billiards, library, ping-pong, and event space • Outdoor Heated Pool surrounded by mature trees with Hudson River views • Beautiful Park-Like Grounds with walking paths and benches • 24/7 Gated Security for peace of mind and to accept your packages • Free Outdoor Parking for all (Indoor parking is wait listed at $85 per month) • Full Generator no power outages. Hallways redecorated one year ago with contemporary wallpaper and carpeting • Unique Features: Electric included in the monthly maintenance (The co-op installed solar panels so the monthly electric bill comes directly from the Management Firm, not Con Edison) • Convenient laundry on EACH FLOOR • New HVAC units in LR, Dining Room, and Bedrooms • New windows throughout • New lobby restoration underway • Storage units are on a wait list and the rent is ($30-$50/month). Scarborough Manor offers the best of both worlds – a tranquil, riverside setting with easy access to both the Scarborough and Ossining Metro-North stations, Route 9, and nearby shops and restaurants. Minimum Financial Requirements include: Down payment: 25%, Income: 4 times the annual maintenance + annual garage fee + any financing + all other contractual obligations, Liquid Net Worth: at least, 10x annual apartment charges.
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Our Executive Mortgage Banker:
$800,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $640,000 | $640,000 | $640,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,941 | $4,098 | $5,358 |
| Total Monthly Payment | $4,033 | $4,190 | $5,450 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.