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Welcome to this spacious and thoughtfully converted studio co-op in the heart of Fordham. Cleverly reconfigured to create a separate sleeping area while maintaining an open and comfortable living space, this apartment offers the functionality of a one-bedroom layout with the affordability of a studio. The unit features additional custom closet space for enhanced storage, while many of the apartment's original details remain intact. Natural light and an efficient floor plan make the home feel larger than expected, offering endless opportunities to update and personalize to your taste. Located in a well-maintained, secure building with fob-entry access, residents enjoy convenient amenities including a first-floor laundry room and on-site parking available via waitlist. Ideally situated near Fordham Road's shopping, dining, and entertainment corridor, as well as Fordham University, the Bronx Zoo, and the New York Botanical Garden. Commuting is effortless with nearby access to the B, D, and 4 subway lines, in addition to the Metro-North Fordham Station for quick service into Manhattan. An excellent opportunity for first-time buyers, commuters, or anyone seeking value in one of the Bronx's most vibrant and connected neighborhoods.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
$119,891
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 | $95,913 | $95,913 | $95,913 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $583 | $606 | $796 |
| Total Monthly Payment | $658 | $681 | $871 |
* 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.