3031 Edson Avenue, Bronx, NY, 10469 | $699,000

Discover this well-kept brick residence positioned in the sought-after Baychester section of the Bronx, right on Edson Avenue. Set on a 1, 674 square foot lot, this attached property offers a strong combination of structural integrity, practical design, and lasting value. Its full brick exterior not only delivers classic curb appeal but also ensures durability with minimal exterior upkeep over time. Upon entering, you’re welcomed into a thoughtfully arranged interior featuring three spacious bedrooms and two and a half bathrooms. The layout is designed to provide a natural flow between the main living areas, creating a comfortable and functional environment suitable for both daily living and hosting. Large windows allow for an abundance of natural light, giving the space an open and inviting feel throughout. The fully finished basement significantly enhances the usability of the property, offering additional square footage that can easily adapt to a variety of uses. Whether utilized as a private workspace, recreational area, guest setup, or extended living quarters, this level provides flexibility to suit a range of needs and preferences. Located in an established residential pocket of Baychester, the property benefits from excellent convenience. Nearby amenities include shopping centers, grocery stores, schools, parks, and multiple public transportation options. In addition, major highways are easily accessible, allowing for efficient travel throughout the Bronx, Westchester County, and beyond. This area continues to attract strong interest due to its accessibility and consistent demand. Income & Rental Potential – Beyond its appeal as a primary residence, this property presents a valuable opportunity for additional income generation. The main living portion has an estimated rental range of $3, 400–$3, 800 per month, while the finished basement offers the potential to generate approximately $1, 200–$1, 500 per month. Combined, the property could produce a total monthly income of up to $5, 300. To further support buyers, our team provides full-service rental placement and management assistance after closing. From securing qualified tenants to helping optimize rental performance, we assist in maximizing the property's income potential from day one. Whether you're looking to offset your monthly expenses or build long-term equity with consistent cash flow, this Baychester property offers a strong and versatile investment opportunity.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Other
  • Year Built: 1955
  • Heating: Electric, Other
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 1,674
  • Acreage: 0.04
  • Est. Taxes: $5,235
  • Elem. School: Contact Agent
  • High School: Contact Agent
  • School District: Contact Agent
  • Appliances: Other
  • MLS#: 985484
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/985484/3031edsonavenue_bronx_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of WW Realty Group Inc   Phone: 917-319-8892

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3031 Edson Avenue, Bronx, NY, 10469

$699,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $559,200 $559,200 $559,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.373%
Monthly Tax Payment $436 $436 $436
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,353 $3,489 $4,566
Total Monthly Payment $3,881 $4,017 $5,094

* 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.