11 Sylvan Terrace, New York, NY, 10032 | $1,620,000

This renovated, over 20 ft wide wood frame townhouse at 11 Sylvan Terrace is only one of twenty landmarked homes as part of the Jumel Terrace Historic District. With extremely low carrying costs, this home can be perfect for a primary resident or investor. ( Only $461/mo. taxes and ~$200/mo. energy costs thanks to solar panels on the roof). The past meets the present in this architecturally designed, beautifully renovated historic row house. The home is 3 stories with a small private outdoor space that has been thoughtfully reimagined. There are 6 room, 2+ bedrooms, 2 1 / 2 baths, an open concept living space on the parlor floor and tons of charm. The home can rented out at a 5% CAP or better. There are no board restrictions as this is a free market, free standing home.

Features

  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Style: Carriage House, Colonial, Cottage
  • Year Built: 1889
  • Heating: Electric, Natural Gas, Baseboard
  • Cooling: Central Air, Ductless
  • Basement: Walk-Out Access
  • Approx Sq. Feet: 1,625
  • Est. Taxes: $5,215
  • School District: New York
  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • MLS#: H6317392
  • Days on Market: 73 days
  • Website: https://www.raveis.com
    /eprop/H6317392/11sylvanterrace_newyork_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 Compass Greater NY, LLC   Phone: 914-3370070

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

11 Sylvan Terrace, New York, NY, 10032

$1,620,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,296,000 $1,296,000 $1,296,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $435 $435 $435
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,957 $7,666 $10,676
Total Monthly Payment $7,517 $8,226 $11,236

* 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.