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240-250 Pelham Road, New Rochelle, NY, 10805 | $4,500,000
Looking for the High Income Producing Property with an Amazing View? You have all you need for your tenants to rent in this Magnificent Waterfront (6) Luxury, 4 Level, Upscale Townhouse Complex in ever-changing New Rochelle, N. Y. Residents will enjoy the convenience of fabulous restaurants and stores at your fingertips! Not to mention, they'll happy to be able to walk to Metro North and get to Mid-town in less than an hour! 5 of the units have New Central Heat/A/C and water heaters! New Wrought Iron Fencing w/New Gates! Each unit comes w/a large Garage + 2 Parking spaces! Beautiful, WATERFRONT setting w/Breathtaking Views of Long Island Sound. 3 BR 2 1/2 Bath special homes. Your prospective tenants will be amazed, from the moment they walk through the front door of the garden entrance. Most of the pictures are from the recently renovated, Upscale unit (248) which features a Gorgeous Kitchen w/Sumptuous Gray Cabinets, Quartz Countertops, (the other units have Granite Counter Tops), Stainless Steel Appls, Huge Living/Dining Rm. ALL Gleaming HARDWOOD flrs. Sliding Glass Door to Terrace w/elec awning (only unit 248) & breathtaking views of the Long Island Sound. Up on the 3rd floor, you'll marvel at the view from the large windowed Master Bedroom w/walk-in closet, Master Bath w/Jacuzzi bathtub + Shower, 2 other Bedrooms + full hall Bath. Central/A/C. (4th Floor) Finished/Unfinished Walk-Up Attics w/Windows, wall/wall carpeting, 2 closets, alcove & smaller attic above. Down on the garage level, you'll find a Walkout Basement w/Laundry rm, fam room, utility rm, gar, & storage. Convenient to ALL: Walk to Elementary, Middle Schools and College. Mins to New Roc City & all Shops & Highways (I-95 & Hutch), Metro North Station. Beach rights(Glen Island/Hudson Park nearby). (Pls note that pictures 1-34 are from 248 Pelham Rd. Pics 35 & 36 are examples of the kitchen in the other units) All 6 units have approx a total of 2, 700 Square feet of space within 4 levels in each unit! 5 of the 6 units have new heating/cooling systems that were replaced within the past 2 years. All balconies have new Trex Decks. The address of the entire building in City Hall is 254 Pelham Road, New Rochelle, New York 10805. Additional Information: Amenities: Storage, ParkingFeatures: 1 Car Attached,
Features
- Property Type: Multi Family
- Construction: Block, Brick, Fiberglass Insulation, Frame, Stone, Vinyl Siding, Wood Siding
- Utilities: Trash Collection Public, Cable Available
- Parking: 1-car, Attached, Assigned, Carport, Garage, Private, Storage, Underground
- Heating: Electric, Natural Gas, Forced Air, Heat Pump
- Cooling: Central Air
- Units: 6
- Year Built: 2006
- Acreage: 0.51
- Est. Taxes: $67,248
- Lot Desc: Near Public Transit, Near School, Near Shops, Views, Level, Sloped
- View: Water
- Water Front: Yes
- Elem. School: Trinity Elementary School
- Middle School: Isaac E Young Middle School
- High School: New Rochelle High School
- School District: New Rochelle
- Appliances: Oil Water Heater
- MLS#: H6330100
- Days on Market: 76 days
- Website: https://www.raveis.com
/prop/H6330100/240250pelhamroad_newrochelle_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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
240-250 Pelham Road, New Rochelle, NY, 10805
$4,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $5,604 | $5,604 | $5,604 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $21,009 | $22,754 | $30,379 |
| Total Monthly Payment | $26,738 | $28,483 | $36,108 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535