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.
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Phone: 888.699.8876
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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 | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $5,604 | $5,604 | $5,604 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,159 | $22,166 | $29,895 |
Total Monthly Payment | $25,888 | $27,895 | $35,624 |
* 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.