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Incredible value in the Bronxville school district! This large, well-laid out cooperative apartment at Ogden House is just steps from the Bronxville Metro North train, Bronxville Village, and the Bronxville schools. Spanning 1100 square feet, with generously proportioned rooms, this lovely home offers plenty of room for everyone, and blends old world charm, including hardwood floors, high ceilings, crown molding, and oversized windows, with modern comfort and convenience. The home features an entry foyer, living room, updated kitchen sporting stainless steel appliances, dining area with banquette seating, two bedrooms as well as a bonus room that the current owners are using a third bedroom but which could be used as a den or a home office, a renovated full hall bathroom, and nine closets. Amenities at Ogden House include a common laundry room, elevator, live-in superintendent, and assigned storage at no additional cost. Recent upgrades to the building include new security cameras installed at the entrance door and on each floor, new roof, and new boiler. Resident parking available through the Village of Bronxville and Palmer Garage. Located just footsteps from Bronxville’s town center, the Bronxville schools, train station, Farmer’s Market and newly opened Maltby Park, Ogden House offers the perfect blend of urban access and suburban tranquility. With low maintenance of $1574 (which includes, among other items, heat, hot water and property taxes), life in Bronxville doesn’t get any easier or cost-effective than this! Coop board requirements: minimum 20% down payment, DTI of 35% or less, credit score of 700+, income equal to or greater than 40x monthly mortgage & maintenance, post-closing savings equal to or greater than 6 months of mortgage & maintenance, and must be purchaser’s primary residence.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $511,200 | $511,200 | $511,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,943 | $3,228 | $4,174 |
Total Monthly Payment | $3,035 | $3,320 | $4,266 |
* 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.