504 Milton Road, Rye, NY, 10580 | $1,495,000

Looking for a home with charm and personality, with water access? Welcome to 504 Milton, a renovated colonial-style home nestled in a sought-after Rye City neighborhood. To start, there’s room for all with four bedrooms and two baths, plus a bonus first-floor family room which can serve as a fifth bedroom. You’ll also find a delightful open plan kitchen with stainless steel appliances, formal dining room with a cozy wood burning fireplace and traditional enclosed front and rear porches, all with natural hardwood floors throughout. And, among the many highlights of this home is the outdoor space: a commanding deck overlooking the large and level backyard, plus the garage/boathouse which offers convenient storage for outdoor equipment. To top it all off, the private dock gives you the unique opportunity for kayak launches and water recreation. This meticulously updated home is located near award-winning Milton School, Rye Middle School and Rye High School. Convenient location close to Rye Town Park, beach, shopping, schools, marina, private clubs, boardwalk and restaurants. Looking for a quick getaway? The highways and Metro North train are nearby - 30 minute drive to Manhattan and a road-trip away from Upstate NY and the Connecticut Shoreline. Low taxes. Do not miss this opportunity to make this house your home, make an appointment today!

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: In Basement
  • Style: Colonial
  • Year Built: 1923
  • Garage: 1-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 2,152
  • Acreage: 0.17
  • Est. Taxes: $15,927
  • Lot Desc: Back Yard, Landscaped, Level, Near Public Transit, Near School, Near Shops, Waterfront
  • Water Front: Yes
  • Elem. School: Milton School
  • Middle School: Rye Middle School
  • High School: Rye High School
  • School District: Rye City
  • Appliances: Dishwasher, Gas Oven, Refrigerator, Washer, Gas Water Heater
  • MLS#: 851137
  • Website: https://www.raveis.com
    /raveis/851137/504miltonroad_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.

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914.943.6450

Jason.Mehler@raveis.com

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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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Our Insurance Division:

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

504 Milton Road, Rye, NY, 10580

$1,495,000

Jason L. Mehler

Licensed Associate Real Estate Broker

William Raveis Real Estate

Phone: 914.943.6450

Jason.Mehler@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 $1,196,000 $1,196,000 $1,196,000
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 $1,327 $1,327 $1,327
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,791 $7,658 $10,173
Total Monthly Payment $8,243 $9,110 $11,625

* 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.