A wonderful opportunity to own "Portsmouth" a significant and much admired gem of a house in Bronxville's cherished Lawrence Park. Designed by prominent architect William Bates in 1903, its design may have been influenced by that of the historic Longfellow House in Cambridge Mass. Beautifully landscaped on a gentle knoll, it is stately and elegant on the outside and well designed and comfortable on the inside. Thoughtfully restored by the current owners and architect Susan Alisberg, the home encompasses 5, 400 sf with 7 bedrooms and 4 baths. A stunning center hall, high ceilings, deep millwork, multiple windows and fireplaces, an open porch on either side of the living room and dining room all define its allure. The main rooms are gracious and impressive. The super functioning and well equipped kitchen with center isle and butler's pantry is adjoined by a spacious family room and custom mud room. A perfect home office and a powder room complete the first floor. A beautiful, open period staircase leads to a spacious second and third floor with lovely, airy bedrooms and modern baths. An additional, new 1, 830 sf lower level is a fabulous attraction with a playroom, gym, wine room and more. A long driveway, easily accommodating multiple cars, leads to the house and two car garage. We all know location is everything and this house has the best. It is surrounded by equally beautiful homes, is a delightful walk to Bronxville's highly ranked schools, village center and train and enjoy the quiet enchantment and appeal of the Hilltop.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,925,000
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 | $3,940,000 | $3,940,000 | $3,940,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $8,500 | $8,500 | $8,500 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,063 | $23,940 | $32,455 |
Total Monthly Payment | $30,688 | $32,565 | $41,080 |
* 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.