376 Rich Avenue, Mount Vernon, NY, 10552 | $850,000

This is a rare opportunity to own a spacious and income producing two family duplex home in the sought after hamlet of Fleetwood. Designed with modern functionality and comfort, this property offers incredible value for homeowners and investors. The main residence features a bright and inviting first floor with a foyer, sun-filled living room, and formal dining room accentuated by a large bay window. The eat in kitchen is fully equipped with a dishwasher, stove, refrigerator, and microwave, flows seamlessly into the open family room, which boasts a decorative wall fireplace; and opens out to a private patio perfect for entertaining and relaxing. The first floor also includes a laundry room, powder room, and hardwood and tile flooring throughout. The second floor impresses with a luxurious master bedroom suite that includes a huge walk-in closet, a dressing room, and a stunning ensuite bathroom, 2 spacious bedrooms, hall bathroom, linen and utility closets, and access to the storage attic. The above ground lower level offers a private accessory apartment, with living room, bedroom, kitchen, and bathroom. The unit is perfect for the extended family or rental income. The home is beautiful and also functional, with central air conditioning on the first and second floors, three heating zones, and baseboard heating for optimal comfort. The attached one-car garage, and driveway with space up to 1-2 additional cars ensure ample parking for guests. Situated close to highways, schools, shops, parks, restaurants, and public transportation, the location is unbeatable. Just a short walk to the Metro North station, with only a 30-minute commute to NYC. Whether you are seeking a family home, a rental income producer, or both, this property delivers on all fronts.

Features

  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Laundry Room
  • Style: Duplex
  • Year Built: 2003
  • Garage: 1-car
  • Heating: Natural Gas
  • Cooling: Central Air
  • Basement: Finished
  • Acreage: 0.13
  • Est. Taxes: $13,962
  • Elem. School: Pennington
  • School District: Mount Vernon
  • MLS#: 816502
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/816502/376richavenue_mountvernon_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: 914-337-0400

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Robert.Reade@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

376 Rich Avenue, Mount Vernon, NY, 10552

$850,000

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 $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.599% 6.472% 6.032%
Monthly Tax Payment $1,164 $1,164 $1,164
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,861 $4,242 $5,692
Total Monthly Payment $5,117 $5,498 $6,948

* 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.