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Welcome to this exceptional attached residence located in the highly desirable Morris Heights neighborhood of the Bronx. Situated at 1737 Popham Avenue, this spacious property presents an outstanding opportunity for both end-users and investors alike. Offering approximately 3, 000 square feet of building space on a 2, 146 square foot lot, the property is thoughtfully configured with a 3-over-3-over-2 layout, providing versatility, strong income potential, and comfortable living arrangements. The property features a total of 8 generously sized bedrooms and 3 full bathrooms, making it ideal for owner-occupants or investors seeking rental income potential. Each unit offers a functional layout with ample natural light and well-proportioned living spaces designed for everyday comfort and convenience. In addition, the property includes a fully finished basement, providing additional usable space that can serve a variety of purposes such as recreation, storage, office space, or extended living accommodations. One of the standout features of this property is the parking convenience it offers. Residents can take advantage of community parking along with a private driveway located at the rear of the property, a highly sought-after feature in the Bronx that adds both accessibility and value. Conveniently located in the vibrant Morris Heights neighborhood, the property is surrounded by local shops, restaurants, schools, parks, and public transportation options, offering easy access throughout the Bronx and into Manhattan. Whether you are searching for a strong investment opportunity with rental income potential or a spacious property for personal use, 1737 Popham Avenue delivers a rare combination of size, functionality, and location.
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Our Executive Mortgage Banker:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $627 | $627 | $627 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,905 | $6,319 | $8,776 |
| Total Monthly Payment | $6,657 | $7,071 | $9,528 |
* 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.