5040 Tibbett Avenue, Bronx, NY, 10471 | $1,199,000

A distinctive 1920's Stone Tudor old world home with all its charm where the elegance of the past intersects with the conveniences of the present in this remarkable residence nestled on the edge of Fieldston. Enter the main floor sun-filled living room, you'll be immediately captivated by the authentic stone wood-burning fireplace's welcoming allure. It provides the perfect setting for cozy winter evenings or quiet reading times in an intimate library nook. Enhanced by lustrous wooden flooring and newly installed Pella windows, this space radiates a nostalgic charm of a bygone era!! Serve up delicious dishes from the updated kitchen featuring a granite countertop, subway white tile backsplash, and a sleek new refrigerator, and serve them either in your dining room with dual exposures or in the extensive backyard, making it perfect for social gatherings. Alternatively, This delightful dwelling features three bedrooms, two updated full bathrooms, and an additional half bathroom. The crown jewel of this residence is the fully finished lower level. The lower level features energy efficient windows and a door leading to a beautiful outdoor garden, Enjoy the peace and tranquility offered by a shady front stone patio offering versatility for its usage as a casual Den/Recreation space, an efficient home office, or a cozy visitor room, complete with a convenient half bathroom. Moreover, the house includes a stand-up attic, ripe for transformation, which could further augment the personality of this timeless residence. The home underwent significant recent improvements including a new roof, gutters added in 2022, plumbing and electrical system upgrades. Furthermore, it features Pella Architectural Series windows, separate heating and A/C units, gas-based hot water and heat, and freshly sanded hardwood floors. A spacious attic with a cedar closet, an integrated single-car garage, and additional driveway space cater to a variety of needs. A picturesque, cottage-like home is ideally positioned near the #1 train station, express bus stops, and the expanse of Van Cortlandt Park, with its bike trails and horse stables nearby. This residence is set in a tranquil neighborhood renowned for its excellent schools and diverse eating options. Immerse yourself in the local natural allure while enjoying the ease of access to Manhattan from this unparalleled abode.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 5 half
  • Style: Townhouse
  • Year Built: 1920
  • Garage: 1-car Attached
  • Heating: Natural Gas, Hot Water
  • Cooling: Wall Unit(s)
  • Basement: Finished
  • Approx Sq. Feet: 2,905
  • Est. Taxes: $10,235
  • School District: New York
  • MLS#: H6304909
  • Days on Market: 146 days
  • Website: https://www.raveis.com
    /eprop/H6304909/5040tibbettavenue_bronx_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 Brown Harris Stevens   Phone: 718-878-1700

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5040 Tibbett Avenue, Bronx, NY, 10471

$1,199,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $959,200 $959,200 $959,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $853 $853 $853
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,446 $5,906 $7,965
Total Monthly Payment $6,424 $6,884 $8,943

* 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.