403 Saw Mill River Road, Millwood, NY, 10546 | $749,900

Perhaps the best buy in the Chappaqua School District! This expanded Cape Cod ringed by mature trees has been well-maintained and updated as a multi-generation family hub for almost 60 years. Now it's ready to start that nurturing cycle again with a new family on nearly 2/3 of an acre with water views and lake access on Tara Lake, but no HOA fees or restrictions. The private beach area is open to a limited number of properties around the lake. The home's renovated kitchen has stone counters, an island, a full suite of appliances, and propane for cooking. There are two bedrooms (originally three) and a full, renovated bathroom on the first floor. Two more bedrooms, a full bath, and yet-to-be-finished space on the second floor wait for updates of your choice. Other improvements include: a young roof (approx. 10 years), approx. 700sf maintenance-free deck (2022), above-ground oil tank (2015), and upgraded electrical (2013); permits for all improvements are closed. Municipal water, an expanded septic system, an oil-fired furnace, and hot-water baseboard and steam heat support this comfortable home. The location on a "primary", county road means reliable plowing when snow falls. Chappaqua schools, local shopping and services, easy access to highways, public parks and recreation; and multiple MetroNorth options are the perfect suburban mix. All inclusive taxes for 2024 = $15, 241; current STAR = $1, 702 standard/$3, 676 enhanced. Grab this rare opportunity to buy a move-in ready home in one of Westchester's top-rated school districts for an as-is price with lots of potential to add value.

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: In Basement, Washer Hookup
  • Style: Cape Cod
  • Year Built: 1957
  • Garage: 1-car
  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)
  • Basement: Partial, Partially Finished, Walk-Out Access
  • Approx Sq. Feet: 1,644
  • Acreage: 0.61
  • Est. Taxes: $15,242
  • Lot Desc: Back Yard, Front Yard
  • View: Lake
  • Water Front: Yes
  • Elem. School: Westorchard
  • Middle School: Seven Bridges Middle School
  • High School: Horace Greeley High School
  • School District: Chappaqua
  • Appliances: Dishwasher, Dryer, Freezer, Gas Range, Microwave, Refrigerator
  • MLS#: 848363
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/848363/403sawmillriverroad_millwood_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Key Real Estate Services, LLC   Phone: 718-874-2877

William Raveis Family of Services

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

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Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

403 Saw Mill River Road, Millwood, NY, 10546

$749,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $599,920 $599,920 $599,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.944% 7.025% 6.046%
Monthly Tax Payment $1,270 $1,270 $1,270
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,694 $3,941 $4,982
Total Monthly Payment $5,056 $5,303 $6,344

* 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.