This is your opportunity to purchase 586 Odell Ave, the first time offered in 32 years! The Center Hall Colonial home is set on a corner lot, located in the highly desirable Homefield neighborhood of Yonkers. Built in 1947, there have been only two previous owners, the second of whom was a prolific gardener and the property bursts with flowers and plantings throughout the warmer months. The home is well located, with the Kenneth Kardash playground and park at the end of the street, close to the walking/biking path along the Saw Mill River and a quick drive to the Ridge Hill shopping area! This well loved, 1120 SF home has 2 BRs and 1 and 1/2 BAs and an attached garage for one car with additional driveway parking. Minutes from the major highways, the property is ideal for the commuter, close to public transportation and just 30 minutes to Manhattan. This cozy Colonial is being sold AS IS, so bring your imagination and contractor to transform this home into your dream home. Opportunities like this do not come around often in this delightful neighborhood so run, don't walk, to tour 586 Odell Avenue!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.159% | 6.276% |
Monthly Tax Payment | $662 | $662 | $662 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,568 | $2,632 | $3,340 |
Total Monthly Payment | $3,305 | $3,369 | $4,077 |
* 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.