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Rare Building Opportunity in Historic Philipse Manor! Nestled within the historic enclave of Philipse Manor in Sleepy Hollow, New York, this . 34-acre parcel offers a unique opportunity to craft a modern home that harmonizes with its rich surroundings. Bordered to the west by Devries Park, the property boasts a Hudson River view, providing a stunning backdrop for your future residence. The proposed architectural design envisions a zoning-compliant, three-bedroom modern farmhouse with the space to span over 4, 000 square feet, complete with a full basement. The thoughtfully designed open floor plan features a central hall, two fireplaces, and a gourmet kitchen, creating a seamless flow throughout the home. The primary suite is a true retreat, offering a spacious walk-in closet. Designed with outdoor living in mind, the home includes a classic front porch and an open deck on the western face, perfect for taking in the breathtaking Hudson River vistas. Recent tree clearing has further opened up the landscape, providing a clearer perspective of the lot’s potential. This property is a commuter's dream, located just a five-minute walk to the Philipse Manor train station, with express service to Grand Central in only 37 minutes. Nature lovers will enjoy easy access to the Rockefeller Preserve, offering miles of trails for walking, jogging, hiking, and biking. The current architect of the rendered potential design, with decades of experience designing distinguished properties throughout the Rivertowns, ensures a seamless home integration with its historic and scenic surroundings. Prospective owners can adopt this thoughtfully curated design or collaborate with their architect to realize a personalized vision. With 100 feet of frontage on Munroe Avenue and extending 150 feet towards the Hudson River, this is one of the last buildable lots in Philipse Manor. Don’t miss this rare opportunity to personally design and build your dream home to life in one of Sleepy Hollow’s most sought-after neighborhoods!
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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 | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,776 | $2,885 | $3,677 |
Total Monthly Payment | $2,868 | $2,977 | $3,769 |
* 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.