Welcome to 129 Lyncroft Road, located in the prominent area of Paine Heights New Rochelle. As you pull in to the large circular stone paved driveway you will be impressed with the stone stature of this inviting piece of architectural art. Upon entry your eyes will be immediately drawn to the grand entrance with amazing wood finishing and retained details of the past design however there has been a modern upgrade that many find helpful. A fully implemented elevator to aid in movement within the home. The first floor is designed for the large family that wants both space and elegance. You will enjoy a formal living room that features marble engraved stoned fireplace, wooden beamed ceiling and authentic natural wood floors. Moving along the flow of the home takes you to a oversized kitchen with access to an amazing sun room which is located right off of the first floor office/library. The second floor is comprised of 2 large bedrooms and a cavernous master bedroom with full en suite and walk in closet. As you head up to the third floor you will notice that the space is ideally designed for an open playroom/secondary office with plenty of storage. The lower level of this home spans the entire length of the house and would be ideal for an entertaining space or a in law set up. Once you step outside you get to enjoy the beautiful serene yard space that is very much an urban oasis. This is a foreclosure sale by lender sold AS-IS. Renovation loan or cash deals only. Additional Information: ParkingFeatures: 2 Car Attached,
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$999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $2,406 | $2,406 | $2,406 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,538 | $4,986 | $6,690 |
Total Monthly Payment | $7,036 | $7,484 | $9,188 |
* 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.