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Charming Tudor with Lake Views in Prime Location – Endless Potential Awaits! Step into timeless elegance and unlock the potential of this spacious Tudor-style home, perfectly perched to capture stunning lake views in one of the area's most desirable neighborhoods. Brimming with character, this classic gem offers the perfect canvas for your vision—whether you're looking to restore its original charm or create something entirely new. Inside, you'll find generous living spaces, and distinctive architectural details. With ample square footage, there's plenty of room to dream big. Large windows flood the home with natural light, and multiple vantage points offer picturesque views of the lake. While the home does need some work, its unbeatable location puts you just minutes restaurants, shops and the train to Grand Central Station-truly the best of both convenience and tranquility. Owners have the option to join the Lakenridge Club that covers the lake and recreation area. Home is sold as is.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
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% | 7.025% | 6.132% |
Monthly Tax Payment | $1,126 | $1,126 | $1,126 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,535 | $3,674 | $4,681 |
Total Monthly Payment | $4,753 | $4,892 | $5,899 |
* 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.