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Presented by![]() Laura Danforth |
In-town colonial charmer with income Potential & single-family flexibility. Nestled on a quiet residential street in the heart of town, this classic two-family colonial offers timeless charm, impressive flexibility, and a truly rare investment opportunity. With its high ceilings, oversized windows, and sun-filled rooms, this home effortlessly blends historic character with everyday functionality. Currently configured as a legal two-family residence, the property includes a versatile studio/home office space above a two-car garage-ideal for a remote work setup, guest suite, or potential in-law/nanny suite. The home's layout allows for easy conversion into a spacious single-family residence, making it perfect for a variety of lifestyle needs, whether you're looking to grow, downsize, or generate rental income. This property has delivered consistent, dependable rental income for 20 years. Live in one unit and rent the other, or lease both for maximum return. The private fenced yard is a serene escape, framed by mature trees and gardens, offering both tranquility and convenience. Located just steps from the new world-class library, shops, restaurants, movie theater, Metro-North train station, and top-rated schools, this property truly delivers the best of in-town living. Whether you're starting out, investing, or retiring, this home presents a unique opportunity to build equity in a highly desirable location. Don't miss your chance to own this one-of-a-kind gem! 40 East Maple Street is a well-maintained property featuring two brand-new, top-of-the-line oil tanks installed in February 2025, one new oil burner, and two recently updated hot water tanks. Occupancy: All current leases are in place through June 30, 2025. Financials: Rental income and security deposits will be transferred to the new owner at closing.
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$1,495,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.801.8001
Laura.Danforth@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.637% | 6.309% |
Monthly Tax Payment | $1,047 | $1,047 | $1,047 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,885 | $7,560 | $10,173 |
Total Monthly Payment | $8,057 | $8,732 | $11,345 |
* 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.