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Calling All Investors Don’t miss this opportunity to own 1822 Hunt Ave, Bronx, NY 10462, a fully renovated multi-family property offering strong income potential in one of the Bronx’s most desirable and established residential neighborhoods. Featuring approximately 3, 292 sq. ft. , multiple units, and up to 8 bedrooms and 3 bathrooms, this property is designed for investors seeking immediate cash flow and long-term appreciation. - Priced well below the area’s long-term growth potential - Turn-key condition with major upgrades already completed - Income-producing property with strong rental demand - Large living space ideal for maximizing rental income - Finished basement adds additional value and flexibility - Located in the highly sought-after Van Nest / Morris Park area The location is a major advantage. Residents enjoy convenient access to transportation, shopping, restaurants, schools, parks, and major highways, making this neighborhood attractive to both tenants and owner-occupants. The area continues to benefit from strong housing demand and limited inventory, supporting future appreciation potential. With an asking price around $1. 05 million, this property stands out as a compelling value considering its size, income potential, renovations, and estimated market value exceeding $1 million. Investors can begin generating returns immediately while positioning themselves for future equity growth in the Bronx market. Buy today, collect income tomorrow. Opportunities like 1822 Hunt Ave don’t stay available for long. Secure a high-potential Bronx asset at a price that makes sense before someone else does.
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Our Executive Mortgage Banker:
$1,050,000
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 | $840,000 | $840,000 | $840,000 |
| 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 | $674 | $674 | $674 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,769 | $5,104 | $7,088 |
| Total Monthly Payment | $5,568 | $5,903 | $7,887 |
* 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.