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Charming two-dwelling property in the desirable Pelham Bay area of the Bronx. This 50X100 double size lot has R4A zoning, offering great potential for expansion to a property of approximately 5, 000 +sq ft. This home provides easy access to public transportation, making commuting convenient: 13 minutes to Flushing Main St, 8 minutes to Whitestone, 15 minutes to the #6 train station, Building Size: 20X50 ft, Spacious Layout: Two stories, attic, and a fully finished basement with S. P. E. , Outdoor Space: Generous yard with 2X two garages that can accommodate 4 cars! Zoning: R4A with potential for expansion! Property Details: - 1st Floor: 3 bedrooms, living room/dinning room, bathroom, rear terrace - 2nd Floor: 3 bedrooms, living room, dinning room, bathroom - Basement: Bright with large windows. The front duplex includes a laundry room, full bath, and spacious family room, along with a boiler room. The rear part features a big studio with a full bath and S. P. E.
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Our Executive Mortgage Banker:
$1,088,000
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 | $870,400 | $870,400 | $870,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $646 | $646 | $646 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,874 | $5,289 | $7,286 |
| Total Monthly Payment | $5,645 | $6,060 | $8,057 |
* 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.