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Presenting a well-maintained duplex residence located in the desirable Wakefield section of the Bronx. Situated at 4370 Edson Avenue, this property offers approximately 2, 862 square feet of interior living space on a 2, 317 square foot lot, providing a well-balanced layout suitable for both end-users and investors alike. The property is configured with two spacious units. The first unit features three well-proportioned bedrooms and one full bathroom, offering a comfortable and functional layout. The second unit mirrors this setup, also consisting of three bedrooms and one full bathroom, allowing for consistent rental potential or multi-level occupancy. In addition, the home includes a fully finished basement, providing valuable supplementary space. The lower level is equipped with an additional room and a full bathroom, making it ideal for extended living, workspace, or recreational use. The exterior of the property is equally appealing, featuring a private driveway that offers convenient off-street parking—a highly sought-after amenity in the area. Located in a well-established neighborhood, the property benefits from close proximity to transportation, shopping, dining, and local amenities, enhancing its overall appeal and long-term value. This is an excellent opportunity to acquire a versatile and income-producing property in one of the Bronx’s consistently in-demand neighborhoods.
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Our Executive Mortgage Banker:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $626 | $626 | $626 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,224 | $5,665 | $7,763 |
| Total Monthly Payment | $5,975 | $6,416 | $8,514 |
* 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.