Looking for something different in Douglas Manor! This property is one of the most unusual in the neighborhood and is known as "The Chalet. " This is probably one of the most unique Arts and Crafts houses in the historic section of Douglas Manor built by Norwegian decorative artist, Trygve Hammer. His work includes the bas-relief sculptures that adorned the old Bonwitt Teller facade on Fifth Avenue and the Waldorff Astoria Hotel dining room. Hammer and his wife emigrated to New York in 1902 and built the first part of the house, the story and half high living room in 1916. In 1922 the Hammer's expanded it to its current configuration adding the three bedrooms on a second story. The allusion to the mountain chalet is no accident. Hammer modeled his design on a stue, a 17th century farmhouse style indigenous to Setesdal, Norway. Upon entering the front door you'll find an eat-in kitchen with hand crafted cabinets on the right side with a half bathroom to your left. Walking straight ahead you enter a unique parlor with French doors that lead to a balcony overlooking the garden. To your right you'll find a pair of matching doors that Hammer painted in 1926 in rosemaling, a type of colorful Norwegian folk painting. There's a cozy sitting room with a wood burning fireplace off the parlor which leads to a formal dining room with a door that leads to the backyard. Take three steps up and you enter the very large living room, which was Hammer's original studio. Soaring ceilings with timbers, a large window, a skylight and a large wood burning fireplace finishes off this great entertainment space. There is also a full bathroom off the living room. At the top of the steps on the second floor to your left you'll find the main bedroom with a cathedral ceiling, a large window overlooking the garden and built-in shelving. There are two other bedrooms and a full bath on the second floor. There are plenty of closets and unique storage spaces throughout the rooms. Walking through the house you'll see Hammer's stained-glass windows and many of his Arts and Crafts touches in the rooms. The basement features a studio apartment with a kitchenette and full bathroom. There's also a one-car garage with a large storage room next to it. Hammer surrounded the house with seven Norway spruces to remind him of his native country. The exterior includes darkly stained board and batten siding, a copper roof over the studio and a slate roof over the rest of the house. The focal point of the house is hand carved bargeboards that accent the roofline and vertical corners at the main gable, and the carved decoration at the peak of the house. The house has steam heating and central air conditioning. Over the studio are of the house is copper roofing with slate covering the rest of the house. The Chalet has only had three owners with the current owner purchasing it in 1955. The previous owner was famed commercial illustrator, Earl Oliver.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,004 | $1,004 | $1,004 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,424 | $7,054 | $9,417 |
Total Monthly Payment | $7,553 | $8,183 | $10,546 |
* 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.