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Located in the desirable Baychester section of the Bronx, 3303 Palmer Avenue presents an exceptional opportunity to own a spacious brick three-family property built in 1995. Offering approximately 3, 724 square feet of living space, this well-designed home provides flexibility for a variety of ownership goals, whether adding to an investment portfolio or purchasing a property with additional rental opportunities. The first-floor unit features a comfortable 1-bedroom, 1-bath layout, while the second and third-floor units each offer generous 3-bedroom, 2-bath layouts with private balconies. The second-floor unit also provides access to a rear deck overlooking the backyard, creating additional outdoor space to enjoy. The property is equipped with 4 electric meters, 3 gas meters, and 3 individual gas boilers, making management more convenient. Situated in a prime Bronx location near major shopping destinations including Bay Plaza Shopping Center, residents have access to a wide selection of shops, restaurants, entertainment, and everyday conveniences. Commuting options include nearby MTA buses, subway access, and express bus service to Manhattan. Enjoy close proximity to Pelham Bay Park, Orchard Beach, City Island’s popular waterfront restaurants, nearby hospitals, and major highways connecting throughout NYC and Westchester.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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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% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.133% | 6.183% |
| Monthly Tax Payment | $738 | $738 | $738 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,769 | $5,036 | $7,088 |
| Total Monthly Payment | $5,632 | $5,899 | $7,951 |
* 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.