2 Kathy Lane, Scarsdale, NY, 10583 | $1,288,000

Calling all builders and investors! Bring your toolbox and vision to restore this home to its full potential. Opportunity knocks with this spacious 2, 000 square foot, 3 bedroom, 2. 1 bathroom no step ranch awaiting your creative touch. Nestled on a peaceful cul-de-sac in the sought-after Fox Meadow neighborhood of Scarsdale, this property offers easy access to the village center, train station, library, and high school. This home has a generous living room with a fireplace, and open flow to the dining room, kitchen, and seasonal enclosed porch making entertaining a breeze. There is an en-suite primary bedroom with a changing area plus two additional bedrooms. The lower level boasts approximately 1, 050 square feet of additional space perfect for a playroom or home office, custom cabinetry, powder room, multiple cedar closets, laundry room, and access to the 2-car garage with storage. Features include a fireplace, central air conditioning, and a newer roof with copper valleys, situated on a generous . 34-acre lot. Enjoy the amenities of the Scarsdale Recreation Department, including a swimming pool, tennis courts, summer day camp, and more. With a bit of imagination and effort, this diamond in the rough can be transformed into the home of your dreams.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Ranch
  • Year Built: 1964
  • Garage: 2-car Attached
  • Heating: Natural Gas, Baseboard
  • Cooling: Central Air
  • Basement: Full
  • Approx Sq. Feet: 2,009
  • Acreage: 0.34
  • Est. Taxes: $24,742
  • Lot Desc: Level, Sloped, Near Public Transit
  • Elem. School: Fox Meadow School
  • Middle School: Scarsdale Middle School
  • High School: Scarsdale Senior High School
  • School District: Scarsdale
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • MLS#: H6301456
  • Days on Market: 20 days
  • Website: https://www.raveis.com
    /prop/H6301456/2kathylane_scarsdale_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Berkshire Hathaway HS NY Prop   Phone: 914-834-7777

William Raveis Family of Services

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Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@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
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Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2 Kathy Lane, Scarsdale, NY, 10583

$1,288,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,030,400 $1,030,400 $1,030,400
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 $2,062 $2,062 $2,062
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,851 $6,428 $8,626
Total Monthly Payment $8,038 $8,615 $10,813

* 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.