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Rare opportunity to own a picture perfect, well-built, mint legal two-family home in the heart of Mamaroneck's sought-after Rye Neck with an enormous level backyard! Offering exceptional flexibility, this property is ideal for owner-occupants, multi-generational living, or investors seeking strong rental income potential. The main residence features an oversized living room that flows into a spacious eat-in kitchen, which opens directly to a large covered porch - perfect for effortless indoor-outdoor entertaining. The porch overlooks the expansive flat backyard, which offers endless possibilities for gardening, recreation, outdoor dining, or even a future pool. The main level also includes three well-appointed bedrooms with ample closet space and a full hall bath. The lower level provides additional living space with a large recreation room, laundry area, and a second full bath. The second-floor apartment is bright and inviting, featuring two bedrooms, a full bath, an eat-in kitchen and a sun-filled living room. Perfectly situated on a quiet residential street just moments from everything Mamaroneck has to offer, residents enjoy easy access to Harbor Island Park, local beaches, vibrant restaurants, shops, and waterfront recreation. Commuters will appreciate the close proximity to the Mamaroneck Metro-North station, providing express service to Grand Central Terminal in under 40 minutes. The property is also conveniently located near Rye Neck schools, making it an attractive option . Whether you're looking to offset your mortgage with rental income, create space for extended family, or add a valuable asset to your investment portfolio, 419 Beach Avenue offers a unique combination of versatility, location, and long-term potential in one of Westchester County's most desirable communities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.133% | 6.183% |
| Monthly Tax Payment | $1,971 | $1,971 | $1,971 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,451 | $5,756 | $8,101 |
| Total Monthly Payment | $7,547 | $7,852 | $10,197 |
* 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.