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Welcome to 3455 Ely Avenue, a two-family home in the Baychester section of the Bronx. Don’t miss the opportunity to own a versatile two-family property in one of the Bronx’s most convenient and established neighborhoods. This versatile property presents an outstanding opportunity for both owner-occupants and investors seeking strong value, income potential, and long-term appreciation. The spacious layout features a generously sized owner’s unit along with a separate income-producing apartment, providing flexibility for multi-generational living or rental income to help offset monthly expenses. The property offers bright, sun-filled rooms, functional floor plans, and ample living space designed for everyday comfort. This home is conveniently located near schools, shopping centers, restaurants, parks, major highways, and public transportation, making commuting throughout the Bronx, Manhattan, and Westchester County simple and efficient. With limited inventory available in this sought-after neighborhood, 3455 Ely Avenue represents an exceptional opportunity to secure a solid investment and a place to call home. Priced aggressively at $890, 000, this property is positioned to attract significant buyer interest and offers tremendous value in today’s market. Showings by appointment ONLY! Property will not be delivered fully vacant. Only the primary unit will be delivered vacant. The 2bedroom unit is rented to a cash tenant for $1, 800. 00 per month. All showings are on Saturdays ONLY, from 9am-12pm. Showing times fill up quickly. Please request a showing in advance. Owner request a pre-approval prior to confirming showing appointments. Thank you.
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Our Executive Mortgage Banker:
$890,000
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 | $712,000 | $712,000 | $712,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.259% | 6.058% |
| Monthly Tax Payment | $672 | $672 | $672 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,987 | $4,326 | $5,960 |
| Total Monthly Payment | $4,751 | $5,090 | $6,724 |
* 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.