Beautiful Two-Family Home – Detached | Priced to Sell | LOW TAXES | PRIVATE DRIVEWAY | Delivered Vacant. Welcome to 4423 Mundy Lane – a beautiful detached two-family home located on a tree-lined street in the highly desirable Wakefield section of the Bronx. Featuring a huge private driveway and a large fenced backyard, this property offers rare and valuable outdoor space. With very low annual taxes of only $3, 530, this is an incredible opportunity for both homeowners and investors. This well-maintained home features a spacious 3-bedroom over 3-bedroom layout. Each unit offers a bright living room, a separate eat-in kitchen with stainless steel appliances, and a full bathroom. The property also includes a beautifully finished basement with a full bathroom and separate entrance, making it easy to set up another unit for extra rental income. Enjoy the expansive fenced backyard—perfect for entertaining, relaxing, or outdoor gatherings. The home also comes equipped with a washer and dryer, along with two electric meters and two gas meters for added convenience. 4423 Mundy Lane is just a short walk to the 2 Train subway line and offers convenient access to major transportation, making commuting simple and efficient. Ideally located near Pitman Avenue, Nereid Avenue, and Baychester Avenue, and just blocks from schools, shopping centers, restaurants, cafes, parks, and many other neighborhood amenities. Whether you are looking for a primary residence with rental income potential or a strong investment opportunity, this property checks all the boxes. Don’t miss this fantastic opportunity—schedule your showing today and make this your Home Sweet Home!
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Our Executive Mortgage Banker:
$849,000
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 | $679,200 | $679,200 | $679,200 |
| 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% | 6.349% | 6.183% |
| Monthly Tax Payment | $294 | $294 | $294 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,856 | $4,182 | $5,731 |
| Total Monthly Payment | $4,242 | $4,568 | $6,117 |
* 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.