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Classic turn-of-the-century four-family home set on a generous, flat property in New Rochelle, offered for the first time since 1973. This exceptional residence features a large level yard, three-car garage, long private driveway, and patio—an increasingly rare combination. The first-floor unit offers a spacious three-bedroom layout with a formal dining room, living room, private entrance, and two full bathrooms. The primary bedroom includes a fireplace and en-suite bath, creating a comfortable owner’s retreat. The second-floor unit features two bedrooms, one full bath, an eat-in kitchen, a living room with fireplace, and a dressing area with ample closets. The third floor includes two additional apartments: a one-bedroom unit with eat-in kitchen and full bath, and a studio apartment with an expansive open living space, kitchen, and full bath. The large, partially finished basement provides abundant storage and flexible space with endless potential. There is a 4 car garage and driveway that provide additional rental income potential. Whether you’re looking to create a beautiful home while generating income or seeking a solid investment property, this is a truly special opportunity. Ideally located near public transportation, restaurants, shops, and all that vibrant New Rochelle has to offer.
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Our Executive Mortgage Banker:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
| 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% | 6.235% | 6.058% |
| Monthly Tax Payment | $2,150 | $2,150 | $2,150 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,824 | $6,319 | $8,706 |
| Total Monthly Payment | $8,099 | $8,594 | $10,981 |
* 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.