(NOTE: THIS HOUSE IS SET TO BEGIN CONSTRUCTION IN MARCH OF 2023 AND COMPLETED BY THE END OF DECEMBER/EARLY JANUARY 2024) - This is a terrific opportunity to own a Brand-New 2 Family side- by- side by a Seasoned builder - 2 Family Brick Home located in the Bryn Mawr section of East Yonkers boasting a 2 Car Garage. This magnificent home will feature (2) 3 Bedroom /3. 5 bath duplex apartments plus a fully finished walk out basement with 4 rooms and a full bath with its own separate entrance. The right-hand side apartment can easily be used as a 5 Bedroom /3. 5 bath duplex unit as well. Each apartment will have an open floor plan with hardwood floors throughout, Custom Kitchens with Center Island, Stainless Steel appliances, Quartz countertops, decorative interior moldings and designer paint colors. It will also feature Central Air conditioning, Washer / dryer in each apartment plus Luxurious bathrooms, ample closets plus separate Heating units, Decks and Patio areas in the back yard. (Builder will allow for your own selected Tiles/Colors, etc. Surveys and Floor pans available)
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,906 | $6,301 | $8,488 |
Total Monthly Payment | $6,031 | $6,426 | $8,613 |
* 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.