7 Drake Avenue, Rye, NY, 10580 | $1,795,000

An immaculate picture-postcard Colonial brimming with charm and nestled on an idyllic dead end street in Rye's much-loved Glen Oaks hamlet! It’s a location hard to rival! Leave the car at home and walk to Harrison train and shops, Osborn School, Rye Golf Club & Pool. This home is an absolute delight. Sit back and enjoy an iced-tea on the glorious front porch amidst gardens bursting with hydrangeas and shaded by a rare Japanese cherry blossom. Inside is sunlit and meticulous with 4 beds, 3. 1 baths and enormous flexibility to live, work and play with ease. At the heart is a fabulous chef’s kitchen with glossy white Italian Berloni cabinets and a gorgeous breakfast area. The adjoining dining room is pure bliss with French doors that open out to the porch for easy alfresco entertaining. Up a few stairs is a wonderful living room that leads out to a spacious new 2019 deck for summertime grilling. On the next level are 3 beds including the peaceful primary with ensuite bath, plus there’s a sparkling new level built in 2005 that boasts a lovely 4th bed and full bath. Downstairs offers even more space with a versatile den, office or gym plus a laundry, powder room and backyard access. This home also features a 25-year Timberline roof installed in 2015 and a detached 1-car garage with great attic storage. A jewel in Glen Oaks!

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Style: Split Level
  • Year Built: 1955
  • Garage: 1-car
  • Heating: Hot Air
  • Cooling: Central Air
  • Basement: Partially Finished, Storage Space, Walk-Out Access
  • Approx Sq. Feet: 2,305
  • Acreage: 0.14
  • Est. Taxes: $23,896
  • Lot Desc: Back Yard, Front Yard, Landscaped, Level, Near Golf Course, Near Public Transit, Near School, Near Shops, Private, Sprinklers In Front, Sprinklers In Rear
  • View: Trees/Woods
  • Elem. School: Osborn
  • Middle School: Rye Middle School
  • High School: Rye High School
  • School District: Rye City
  • Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
  • MLS#: 837998
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/837998/7drakeavenue_rye_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 Julia B Fee Sothebys Int. Rlty   Phone: 914-967-4600

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Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@raveis.com

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7 Drake Avenue, Rye, NY, 10580

$1,795,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,436,000 $1,436,000 $1,436,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.309%
Monthly Tax Payment $1,991 $1,991 $1,991
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,153 $9,195 $12,215
Total Monthly Payment $10,269 $11,311 $14,331

* 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.