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SINGLE FAMILY HOME IN THE HEART OF WAKEFIELD — PRIME NORTHEAST BRONX LOCATION! Welcome to 4438 Furman Avenue — a well-maintained single family home nestled in the sought-after Wakefield neighborhood of the Northeast Bronx. This property offers the perfect blend of comfortable living, convenient location, and incredible potential for the right buyer. THE HOME: Featuring a spacious layout with generous living areas, this property provides the foundation for creating your ideal home. Whether you’re an owner-occupant looking to renovate to your taste or an investor seeking your next project, the possibilities are endless. OUTDOOR SPACE: Enjoy the benefits of private outdoor space — a rare and valuable feature in New York City living. Whether you're entertaining, gardening, or simply relaxing, the outdoor area provides a true extension of the home. LOCATION: Situated steps from the Nereid Avenue subway station, commuting to Manhattan and surrounding areas is effortless. The Wakefield neighborhood offers an abundance of local shopping, dining, schools, and community resources right outside your door. Seton Falls Park and Van Cortlandt Park are just minutes away for outdoor recreation, and Interstate 87 provides easy access for drivers. This is a rare opportunity to own a single family home in one of the Bronx's most established and well-connected neighborhoods. Whether you're a first-time homebuyer, growing family, or savvy investor — 4438 Furman Avenue is a property worth seeing.
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Our Executive Mortgage Banker:
$600,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $238 | $238 | $238 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,875 | $2,995 | $3,954 |
| Total Monthly Payment | $3,205 | $3,325 | $4,284 |
* 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.