"Experience a harmonious blend of space, sophistication, and contemporary elegance at 2576 Marion Avenue. This impeccably maintained 2. 5-story, fully detached two-family residence, listed by WW Realty, is situated on a charming tree-lined street in Fordham. An ideal turnkey investment, this move-in-ready property offers a unique opportunity for discerning buyers seeking both ample living space and the potential for income generation to offset mortgage expenses. The configuration includes a 4-bedroom, 1-bath duplex, complemented by a garden unit featuring 2 bedrooms and 2 full baths flexible enough to be utilized as a garden-basement duplex for additional living or recreational space. Both units feature expansive, sunlit living and dining areas, providing an inviting setting for entertaining. The well-appointed kitchens boast chef-worthy granite countertops, floor-to-ceiling custom cabinetry, and a complete suite of stainless steel appliances. Generously sized bedrooms offer ample closet space, while the fully tiled bathrooms showcase contemporary wall and floor tiles, among other luxurious details. Recent renovations have elevated the property to a new standard of excellence, including brand-new hardwood flooring, recessed lighting, and upgraded electrical, heating, and plumbing systems throughout. Nestled in the prime location of Fordham, the residence is conveniently located just a stone's throw away from major transportation hubs, ensuring effortless commuting. Its proximity to E Fordham Road, Webster Avenue, Jerome Avenue, schools, shopping centers, restaurants, cafes, parks, and various neighborhood amenities further enhance its appeal. This property truly merits a personal viewing to fully appreciate its distinctive charm and quality. "
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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 | $655,200 | $655,200 | $655,200 |
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 | $363 | $363 | $363 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,034 | $4,304 | $5,798 |
Total Monthly Payment | $4,489 | $4,759 | $6,253 |
* 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.