This charming 3 bedroom, 1 bath Cape Cod style home, built in the early 1920s, exudes vintage character and offers a blank canvas for your dream renovation. The inviting open rocking chair porch beckons you to relax and soak in the neighborhood's ambiance. Ideally situated adjacent to the picturesque Katonah Memorial Park, this property provides easy access to a wealth of recreational amenities, including a refreshing pool, tennis courts, ball field, scenic trails, and a delightful children's playground. The village center, with its vibrant restaurants, shops and convenient train station, is just a short stroll away, offering a perfect blend of small-town charm and modern conveniences, Given the age and condition, the home will likely require significant renovations and updates to the electrical, plumbing, and other systems. However, the proximity to the village and to the Katonah park amenities could make this an attractive fixer-upper opportunity for the right buyer/contractor. Additional Information: HeatingFuel: Oil Above Ground, ParkingFeatures: 2 Car Detached,
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$599,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $1,052 | $1,052 | $1,052 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,228 | $3,185 | $4,041 |
Total Monthly Payment | $4,372 | $4,329 | $5,185 |
* 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.