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True pride of ownership on display here in this exceptional legal 3-Family home nestled away in the highly desirable Woodlawn Heights vicinity, just 25 minutes north of Manhattan, complete with a private driveway and 1 car Garage. This sun-drenched property is presented in total move-in condition which offers an outstanding investment opportunity with tremendous income-producing potential or the perfect owner-occupied setup. Each spacious 2-bedroom apartment showcases original hardwood flooring, beautiful architectural details, generous closet space, and timeless character throughout. The first-floor residence is especially impressive, featuring soaring ceilings, a stunning Living room with a wood-burning fireplace, formal dining room, sunroom, in-unit washer/dryer, two generously sized bedrooms, and direct access to the backyard. The second-floor apartment offers an inviting and spacious layout with a bright Living room and access to your own private deck — perfect for relaxing or entertaining on warm summer evenings. The top-floor unit boasts excellent ceiling height, a dining area, and two bright and airy bedrooms filled with natural sunlight. The finished lower level adds tremendous versatility with three additional rooms, a full bathroom, and a separate entrance — ideal for extended family or additional recreational space. Whether you are an investor seeking strong rental income and long-term value or an end user looking to live comfortably while generating income from the additional apartments, this property checks every box. Perfectly situated just minutes to buses, trains, Van Cortlandt Park, shopping, restaurants and PS 19 school and major parkways. A truly incredible property offering space, versatility, location, condition and value all in one!!!
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Our Executive Mortgage Banker:
$1,269,000
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 | $1,015,200 | $1,015,200 | $1,015,200 |
| 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 | $749 | $749 | $749 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,764 | $6,168 | $8,567 |
| Total Monthly Payment | $6,638 | $7,042 | $9,441 |
* 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.