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Opportunity to acquire this attached brick home located in the Bronx. This property features approximately 1, 400 square feet of living space, including 3 bedrooms and 1. 5 bathrooms, offering a functional layout with strong potential for customization and improvement. The home presents an excellent opportunity for buyers looking to renovate and add value. With solid construction and a traditional layout, this property is well-suited for both end-users seeking to design their ideal space and investors looking for a value-add project. Conveniently located near local shopping, dining, schools, and public transportation, providing easy access throughout the Bronx and into Manhattan. This property is available through a unique online auction. A buyer's premium will apply in accordance with auction terms and conditions. All information is deemed reliable but not guaranteed. The buyer and buyer's agent are responsible for conducting their own due diligence. Property will be included in the next auction. Buyers must sign up and place bids through Xome.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $512 | $512 | $512 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,603 | $2,745 | $3,595 |
| Total Monthly Payment | $3,207 | $3,349 | $4,199 |
* 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.