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Presented by
Tony Ferrari |
25 Franklin Avenue, #5M, White Plains, NY, 10601 | $220,000
Welcome to this beautifully updated and sunlit corner-unit co-op nestled in the heart of White Plains! Franklin Towers is a great location on a quiet, tree-lined street; commuting is a breeze with Metro North nearby. Step into the bright, stunningly updated kitchen featuring exquisite quartz countertops, cabinetry, and stainless appliances. Beautiful new laminate flooring throughout, the bathroom showcases a new vanity and commode while the ample bedroom offers large windows and generous closet space. Convenient onsite private parking with easy access to the building's garage or dedicated off street space! For added convenience, laundry rooms are offered on the 2nd and 5th floors. Franklin Towers is very well maintained with a welcoming lobby, fresh paint and new carpeting throughout in 2024 and onsite superintendent. This corner apartment offers the luxury of extra privacy (no neighbors on one side!), loads of natural light, and overlooks a peaceful park-like sitting area. Don't miss out on this fantastic opportunity to own a prime property in a vibrant city rich with high-end shopping, groceries, parks, restaurants, recreation, and entertainment! Renting allowed after two years of ownership with Board approval. Monthly maintenance fee of $1040. 73 includes heat, hot water, cooking gas, and trash. Parking is $65 -$95. Building Requirements Per Applicant: 20% down payment, Credit 730, Gross DTI 27%, 6 months of MM in savings after closing. Also offered for lease at $2350 /month. Board approval required. Application fees apply. A/O inspection done show for backup.
Features
- Parking: 1-car, Garage, Off Street, Private
- Heating: Radiant
- Cooling: Wall/Window Unit(s)
- Levels: 6
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Laundry: Common Area
- Complex: Franklin Towers
- Year Built: 1966
- Approx Sq. Feet: 856
- Acreage: 0.65
- Elem. School: Church Street School
- Middle School: White Plains Middle School
- High School: White Plains Senior High School
- School District: White Plains
- Pet Policy: No
- Appliances: ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
- MLS#: 829618
- Days on Market: 39 days
- Website: https://www.raveis.com
/prop/829618/25franklinavenue_whiteplains_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Tony FerrariSales Associate
646.567.3232
Tony.Ferrari@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
John Carlos MachadoVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2064879
860.604.0905
JohnCarlos.Machado@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
Justin SchunkInsurance Sales Director, William Raveis Insurance
860.966.4966
Justin.Schunk@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
25 Franklin Avenue, #5M, White Plains, NY, 10601
$220,000
Tony Ferrari
Sales Associate
William Raveis Real Estate
Phone: 646.567.3232
Tony.Ferrari@raveis.com
John Carlos Machado
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.604.0905
JohnCarlos.Machado@raveis.com
NMLS Mortgage Loan Originator ID 2064879
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $176,000 | $176,000 | $176,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.050% | 6.152% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,098 | $1,156 | $1,473 |
| Total Monthly Payment | $1,173 | $1,231 | $1,548 |
* 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