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$744,020
List Price: $749,000
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5 (aka 17) Delavan Terrace
House in Yonkers •  building info
5bd • 2.5ba • 4,382ft² $171 per ft²
Buy with Yoreevo

$744,020

List Price

$749,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
17
Last price change
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Estimated payment
$5,444
Taxes
$1,072
Monthly maintenance
N/A
Description
Drenched in History, the former Charles E. Otis House was built in 1900 for the grandson of Elisha Graves Otis, founder of Yonkers own Otis Elevator Company. A classic Tudor Revival, it sits high above all others in The Delavan Terrace Historic District. The home was added to the National Register of Historic Places in 1983. The Tudor Revival features exterior stucco, a recessed four-centered pointed-arch entrance porch, and a projecting gabled entrance pavilion featuring half-timbering and wood consoles. A grand entry foyer, all original woodwork, a massive stone fireplace and 7 additional fireplaces greet you on cold winter nights. On summer nights, take in the cool Hudson River breezes while visions of another era abound. Entertain in the parlor/sitting room that flows out through French doors to the oversized circular porch. There's built-in outdoor seating throughout levels of the porch. From the parlor room, wander into the formal living room and dining room, which is a masterpiece of craftsmanship with wood-crafted built-ins. The kitchen was redesigned in the late 90's early 2000's in Scandinavian style for a neutral look. Already large with numerous cabinets and pantries, it opens into a large family room. An office, powder room, mud/lndry room finish the first floor. The back stair case takes you to one bedroom and an additional room. Then up a little further to 4 additional bedrooms including the Primary with Primary bath and a full hall bath. There's a two-car garage and driveway. Partially fenced backyard and patio area for dining. A large, unfinished basement with multiple rooms, offers potential. Invest in the ever growing Yonkers, while retaining a piece of its history in this grand, historic home. Whether end user or investor the house offers incredible potential. Keep the beauty and renovate the essentials for a fabulous historic home. 1/2 a block to transportation, mins to Yonkers, Glenwood or Greystone Metro North and a 30 Train ride to Grand Central. Great location close to all. Already low taxes do not include the STAR Exemption of approximately $900. HIGHEST & BEST Wed 5/15 @ 6:00 pm

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$749,000
Asking Price: $749,000
Term
30 Years
Down Payment
$74,000 (10%)
Min: 10% (74,000)
Rate
6.75 %
Mortgage Amount
$674,100
Mortgage Payment
$4,372
Taxes
$1,072
Estimated Yoreevo rebate
$4,980
Estimated closing cost
$23,000
Total monthly cost $5,444
Buy your dream home with us and get an estimated
$4,980 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Coldwell Banker Realty

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