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Presented by![]() William Raveis |
Endless potential awaits in this 4-bedroom, 2. 5-bath Colonial in Yonkers, NY! Situated in a T2 two-family zone, this single-family home offers a rare opportunity for investors, end users, or DIY enthusiasts to create their dream space. With 10-foot ceilings, two fireplaces, and a classic layout, this home is a blank canvas ready for a full renovation. Whether you envision a stunning single-family transformation or explore its multi-family potential, this property is brimming with possibilities. Conveniently located near shops, schools, and transportation. Bring your vision and make this home your own. Sold as-is. Buyer to do all due diligence. Taxes reflected are as of March 1, 2025. Offers need be submitted with pre approval dated within 60 days and proof of funds of deposit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$510,000
Chairman and CEO
William Raveis Real Estate
Phone: 203.259.4952
wmr@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $408,000 | $408,000 | $408,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | $748 | $748 | $748 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,579 | $2,714 | $3,443 |
Total Monthly Payment | $3,419 | $3,554 | $4,283 |
* 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.