4 Holly Lane, Rye (Rye City), NY, 10580 | $4,995,000

Walkability is key and 4 Holly Lane is just a 5 minute stroll to the Metro North train station, Rye's buzzy downtown shops and restaurants, Midland School and Rye Recreation Park. Set back nicely from the road on a spacious 1. 38 lot, 4 Holly Lane offers the benefits of both privacy and proximity in a quiet neighborhood setting. Located in the magical Loudon Woods neighborhood where youth play and ride bikes on the quiet, private roads, this handsome 1885 stone Colonial has gone through a masterful and substantial expansion and transformation throughout the last 16 years while keeping the historic charm and architectural detail that makes this home truly one of a kind. The home boasts high ceilings, 5 wood burning fireplaces, walls of windows, 1000+ square feet of private elevated dining and lounging decks and terraces overlooking the flat "soccer field" backyard and manicured gardens, multiple recreation spaces as well as a 3 bay garage and 2 oversized driveways, 7 bedrooms and 4. 3 baths. Privacy, land, living space AND location-- 4 Holly Lane is a property where you can truly have it all! Please note: Tax assessment grieved down to $69, 200 effective 1/1/2025 to a new valuation of $5, 492, 000. Using the new assessment, 2024 taxes would have been $82, 830. Based on current list price, taxes can be grieved down further based on sale.

Features

  • Town: Rye
  • Rooms: 15
  • Bedrooms: 7
  • Baths: 4 full / 3 half
  • Style: Carriage House, Colonial
  • Year Built: 1885
  • Garage: 3-car Attached
  • Heating: Natural Gas, Forced Air, Radiant
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 8,306
  • Acreage: 1.38
  • Est. Taxes: $94,029
  • Lot Desc: Near Public Transit, Private
  • Elem. School: Midland School
  • Middle School: Rye Middle School
  • High School: Rye High School
  • School District: Rye
  • Appliances: Stainless Steel Appliance(s)
  • MLS#: H6327145
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /eprop/H6327145/4hollylane_rye_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 Houlihan Lawrence Inc.   Phone: 914-967-7680

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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

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4 Holly Lane, Rye (Rye City), NY, 10580

$4,995,000

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 $3,996,000 $3,996,000 $3,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $7,836 $7,836 $7,836
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,003 $25,257 $33,721
Total Monthly Payment $30,964 $33,218 $41,682

* 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.