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Ideal for savvy investors and primary home owners alike! 741 East 227 Street is a 18x49 built 100% brick two family spanning over 2, 600 sq/ft of living space. Situated on a beautiful tree lined street of Wakefield, Featuring a WIDE PRIVATE DRIVEWAY and Two car Garage! Yes you read right, private parking in Wakefield! This meticulously renovated, turn key move in ready two family will captivate you from the moment you arrive with its warm & welcoming energy. Configured as a 3 bedroom upper unit which has the ability to generate $3, 800/month to assist with mortgage payments over a 2 bedroom garden unit plus a high ceiling full finished basement with both interior and exterior access. Both units enjoy expansive sun drenched, modern open concept living/dining area which provides great space for entertaining. Beautiful chefs granite kitchen equipped with floor to ceiling custom cabinetry and adorned with a full fleet of stainless steel appliances. Spacious bedrooms with ample closet space. Fully tiled bathrooms adorned with state of the art wall & floor tiles. Renovations include brand new select wide oak wood flooring, recessed lighting, electrical, heating and plumbing systems throughout. The high ceiling full finished basement is equipped with both interior and exterior access and can easily be used as a garden-basement duplex to create additional recreational space, in-law suite, media den, home office, storage space or additional recreational space. 741 East 227 Street is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off White Plains Road, Barnes Avenue, East 222 Street, Bronxwood Avenue. Short blocks to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $759,200 | $759,200 | $759,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $520 | $520 | $520 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,018 | $4,430 | $6,203 |
| Total Monthly Payment | $4,630 | $5,042 | $6,815 |
* 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.