Welcome to 1110 Clarence Avenue — a beautifully updated, move-in ready two-family home in the heart of Throggs Neck! This property offers incredible versatility for owner-occupants or investors, featuring two spacious units plus a finished basement and a private driveway. Unit 1: A bright and generous 3-bedroom, 1. 5-bath duplex boasting an open layout, great natural light, and comfortable living space perfect for entertaining and everyday living. Unit 2: A well-maintained 2-bedroom, 1-bath unit offering a functional layout ideal for additional income or extended family. The home includes a finished basement, providing extra storage, recreation space, or potential for additional usage. Enjoy peace of mind with recent updates throughout, and convenience with a private driveway—a true bonus in this neighborhood. Located near shops, schools, parks, restaurants, and major transportation. Don’t miss this opportunity to own a solid, updated property in one of the Bronx’s most desirable areas!
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Our Executive Mortgage Banker:
$980,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $784,000 | $784,000 | $784,000 |
| 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 | $635 | $635 | $635 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,390 | $4,764 | $6,563 |
| Total Monthly Payment | $5,117 | $5,491 | $7,290 |
* 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.