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126 Babbitt Road, Bedford Hills, NY, 10507 | $825,000
Welcome to 126 Babbitt Road, a well-maintained two-family property offering an exceptional opportunity for investors, owner-occupants, or those seeking multi-generational living in the heart of Bedford Hills. Each apartment features 2 nicely sized bedrooms and 1 full bath, along with a comfortable living room and functional kitchen. Both units also include a mudroom/storage area, plus additional storage in the 762 sq ft. finished walk-up attic, offering comfortable living spaces with plenty of functionality and storage. Significant updates have already been completed, including updated electrical system, new plumbing and gas lines, new windows and roof. Situated on a generous lot with the potential for subdivision (subject to municipal approvals), this is a rare opportunity to own an updated income-producing property with future development possibilities in a highly desirable Bedford Hills location. Separate utilities (3 electric meters and 2 gas meters). Ideally located directly across from the elementary school and just a short walk to the Metro-North train station, shops, and restaurants, this property combines convenience with strong investment potential.
Features
- Bedrooms: 4
- Baths: 3 full
- Style: Victorian
- Year Built: 1920
- Heating: Baseboard, Oil
- Cooling: Wall/Window Unit(s)
- Basement: Unfinished
- Acreage: 0.48
- Est. Taxes: $14,152
- Elem. School: Bedford Hills Elementary School
- Middle School: Fox Lane Middle School
- High School: Fox Lane High School
- School District: Bedford
- MLS#: 1007934
- Days on Market: 13 days
- Website: https://www.raveis.com
/prop/1007934/126babbittroad_bedfordhills_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
126 Babbitt Road, Bedford Hills, NY, 10507
$825,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 |
|
|---|---|---|---|
| Loan Amount | $660,000 | $660,000 | $660,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | $1,179 | $1,179 | $1,179 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,696 | $3,957 | $5,525 |
| Total Monthly Payment | $4,967 | $5,228 | $6,796 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535