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Welcome to this beautifully maintained Colonial nestled in the heart of Pelham Manor. This spacious four bedroom, 2, 353 sq. ft. home is filled with character and designed for both everyday living and entertaining. Step onto the charming covered front porch, the perfect spot to sip lemonade on warm afternoons and watch the world go by. Inside, is a living room with fireplace and a bright and airy den, complete with elegant French doors, offers the ideal space for a home office, library, or cozy retreat. The eat-in kitchen boasts granite countertops, stainless steel appliances, and ample cabinet space, making it a chef’s delight. The full finished basement provides fantastic additional living space, perfect for a recreation room, home gym, or media lounge. With a private driveway that fits at least three cars, a 1-car detached garage for extra storage, convenience is key. Outside, the lovely yard offers a deck and patio, ideal for summer barbecues and a beautiful level yard great for gardening, or simply unwinding. Located just moments from Prospect Hill Elementary and playground, Pelham Country Club, Shore Park, and the beloved "Four Corners" shopping area, this home is surrounded by everything you need. Enjoy a tranquil, tree-lined neighborhood perfect for strolls, bike rides, and outdoor recreation, all while being just a short commute to NYC. With its blend of historic charm and modern updates, 1106 Clay Ave is a home where memories are made. Don’t miss your chance to call this special place your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,200
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 | $4,960 | $4,960 | $4,960 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $31 | $33 | $42 |
Total Monthly Payment | $106 | $108 | $117 |
* 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.