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72 Orchard Avenue, Rye, NY, 10580 | $1,050,000
Welcome to 72 Orchard Avenue – A Rare Opportunity in the Heart of Rye! On the market for the first time in over 40 years, this beloved in-town Two-Family residence is your chance to own or develop in one of the most sought-after locations in Rye and Westchester County. Nestled just steps from Purchase Street’s charming shops and restaurants, the Rye Metro-North Station, and the Rye Country Day School, this property is a true gem for homeowners, investors, or builders. Whether you're looking to renovate, reimagine, or rebuild, the possibilities are endless! Unit 1: 2 Bedrooms, 1 Bath on the Main Level with private walk-out basement and dedicated laundry. Unit 2: 3–4 Bedrooms spread across the 2nd and 3rd Levels, with its own stacked laundry unit. Separate power and gas meters for each unit. Large, deep, level lot – partially fenced, perfect for expansion or redevelopment. Live in one unit and rent the other, renovate to suit your needs, or bring your builder to create your dream home in a prime location. Enjoy all that Rye has to offer: Rye Golf Club, Rye Town Park and Oakland Beach, Rye Nature Center, Rye YMCA, and the Rye Free Reading Room – all just minutes away. Sold As-Is, Where-Is. Don’t miss this once-in-a-generation opportunity to create something special at 72 Orchard Avenue.
Features
- Bedrooms: 5
- Baths: 2 full
- Laundry: In Basement, In Unit, Multiple Locations
- Style: Duplex
- Year Built: 1909
- Heating: Hot Water, Oil, Steam
- Cooling: None
- Basement: Partially Finished, Storage Space, Walk-Out Access
- Acreage: 0.16
- Est. Taxes: $14,895
- Lot Desc: Back Yard, Level, Paved, Private
- Elem. School: Osborn
- Middle School: Rye Middle School
- High School: Rye High School
- School District: Rye City
- MLS#: 847737
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/847737/72orchardavenue_rye_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2166562
302.293.7433
Brian.Shahwan@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Jennifer HartInsurance Sales Director, William Raveis Insurance
978.457.6220
Jennifer.Hart@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
72 Orchard Avenue, Rye, NY, 10580
$1,050,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.754% | 6.309% |
| Monthly Tax Payment | $1,241 | $1,241 | $1,241 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,836 | $5,379 | $7,145 |
| Total Monthly Payment | $6,202 | $6,745 | $8,511 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535