**HOUSE BEING SOLD AS IS!!** Opportunity Knocks at 3331 Hone Avenue – A Spacious One-Family with Income Potential! Located on a quiet residential block near Gun Hill Road, this solid brick one-family home offers the perfect setup for those looking to create their dream space while building equity. With a little vision and TLC, this property can truly shine. The upper level features a spacious 3-bedroom duplex with 1. 5 bathrooms, a separate living and dining area, and great natural light throughout. There’s plenty of room to personalize the layout and design to your style. Downstairs, the walk-out basement apartment has its own private entrance—ideal for extended family or guests. It’s a flexible setup with great upside. Outside, enjoy your own driveway, garage, front porch, and backyard. Perfectly positioned close to the Bronx River Parkway, Gun Hill Road, and multiple bus and train lines, this location makes commuting and getting around the city a breeze. This home is being sold as-is and does require some updating—a great opportunity for buyers ready to add their personal touch. Don't miss this chance to invest in a property with space, location, and serious potential!
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$689,999
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $551,999 | $551,999 | $551,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | $502 | $502 | $502 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,265 | $3,444 | $4,507 |
| Total Monthly Payment | $3,859 | $4,038 | $5,101 |
* 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.