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Introducing 3964 Duryea Avenue, a new construction two-unit residence located on a quiet, tree-lined street in the highly desirable Wakefield section of the Bronx. This move-in-ready residence offers six bedrooms and three full bathrooms in total, making it an excellent opportunity for both occupants and investors. The first-floor unit includes two well-proportioned bedrooms and one full bathroom, making it ideal for rental income or additional living arrangements. The upper unit is a bright, spacious duplex featuring four bedrooms and two full bathrooms across two levels, providing generous accommodations for a larger living setup. Both units have been thoughtfully updated with new hardwood floors, modern kitchens outfitted with stainless steel appliances, sleek white cabinetry, and granite countertops. The bathrooms feature contemporary tile work and fixtures, giving the entire property a polished and modern feel. Each unit is separately metered, and all major systems—electric, plumbing, and heating—have been newly upgraded for long-term reliability and peace of mind. Additional features include a private driveway for convenient off-street parking and a fenced backyard suitable for outdoor enjoyment or gardening. Conveniently located near public transportation, schools, shopping, and major highways, this property offers easy access to the best of the Bronx. Whether you plan to reside in one unit while leasing the other or expand your investment portfolio, 3964 Duryea Avenue presents a well-designed and valuable opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
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 | $879,200 | $879,200 | $879,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | $649 | $649 | $649 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,720 | $5,131 | $7,184 |
| Total Monthly Payment | $5,494 | $5,905 | $7,958 |
* 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.