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Welcome to 246 West 256th Street, a hidden gem nestled in the peaceful enclave of Riverdale, NY. This semi-attached brick residence is in totally renovated condition, offering a tranquil retreat on a quiet, dead-end street. This legal two-family home boasts four bedrooms and two and one half bathrooms spread across two units. The upper unit, owner occupied, a duplex, offers three bedrooms and a full bathroom, complemented by a convenient powder room. The entry foyer leads you into a spacious living room, perfect for family gatherings and cozy evenings. The adjacent dining room is ready for your next dinner party, while the modern kitchen features custom wood cabinets, quartz countertops, and stainless appliances, ready to inspire your inner chef. The home is fitted with wall sleeved air conditioners and lighted ceiling fans to ensure your comfort throughout the seasons. The pull-down stand-up attic with plywood flooring offers ample storage space, while the mix of hardwood, tiled plank flooring, and carpet adds a touch of warmth and character to the home. The lower level houses a garage with built-in storage, including a large cedar-lined closet, and a utility room. This level also features a one-bedroom legal apartment with a galley kitchen, living room, bedroom, and bathroom - an ideal space for guests or a rental unit. Outside, the property also offers off-street parking and a tiled front porch with a divider/planter for privacy. The fully fenced-in property features custom pavers, a private patio, and a backyard, offering a perfect outdoor retreat for relaxation or entertaining. This home is a testament to quality and comfort, all while enjoying unbelievably low taxes ($6, 585 without existing STAR). Located in Riverdale, you'll be part of a vibrant community with a wealth of local amenities and modes of transport, all within easy reach. Experience the best of suburban living at 246 West 256th Street, your new home awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$885,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,076 | $4,533 | $6,022 |
Total Monthly Payment | $4,168 | $4,625 | $6,114 |
* 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.