Bronx, NY, 10461 | $849,000

Beautiful brick 2 family house located in highly sought after Morris Park section of the Bronx is inviting its next owner. Property has been updated on all 3 levels, including floors, lighting, Kitchen cabinets/appliances, bathrooms, boiler and water tank. 2 zone baseboard heating is natural gas fueled. First unit (Vacant) is a 3 Bedroom duplex with L/R, Kitchen & D/R including a half bath, on an elevated first floor. This floor includes a spacious front porch and a expansive veranda in the back, with stairs leading down to the back yard. The second floor has 3 Bedrooms (1 King; 1 Queen; 1 twin sized bedrooms), full bath. Second unit on the lower level is a 1 BR apartment with kitchen formal L/R and F/B. This unit is currently occupied and will be delivered vacant. 2 o/d parking spaces. This property is ideal no matter your situation, if you're looking for income generating asset as an investor or searching for your primary residence with additional income that helps pay mortgage.

Features

  • Rooms: 12
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: 2 Family
  • Garage: O/See Remk
  • Heating: Baseboard,Gas,Hot Water,Multi-Zone
  • Basement: Finished,Partial
  • Est. Taxes: $6,908
  • Lot Desc: Regular
  • MLS#: 3529707
  • Days on Market: 97 days
  • Website: https://www.raveis.com
    /prop/3529707/1566rhinelanderavenue_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 Voro, LLC

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
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  • 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.

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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Bronx, NY, 10461

$849,000

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 $679,200 $679,200 $679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 7.000% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 7.103% 6.915%
Monthly Tax Payment $576 $576 $576
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,182 $4,519 $6,010
Total Monthly Payment $4,850 $5,187 $6,678

* 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.