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Welcome to 854 Intervale Avenue, a bright and spacious first-floor two-bedroom HDFC co-op, offered at just $175, 000. This well-maintained home features a thoughtfully designed layout with generously sized rooms, beautiful hardwood floors, and an abundance of natural light that creates a warm and inviting atmosphere throughout. The expansive living and dining area offers plenty of space for everyday living and entertaining, while the generously sized bedrooms provide comfort, versatility, and ample closet space. Large windows fill the home with sunshine, enhancing its bright and airy feel. Ideally located in the Woodstock neighborhood, you'll enjoy convenient access to the 6 subway line, BX19 bus, local shopping, restaurants, parks, schools, and major highways including I-278, making commuting throughout the Bronx and into Manhattan simple and convenient. This HDFC cooperative is subject to board approval. Purchasers must meet HDFC income eligibility requirements, with a maximum household income of 120% of the Area Median Income (AMI). Don't miss this opportunity to own an affordable, move-in-ready home in one of the Bronx's most convenient neighborhoods.
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Our Executive Mortgage Banker:
$175,000
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 | $140,000 | $140,000 | $140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $828 | $873 | $1,153 |
| Total Monthly Payment | $903 | $948 | $1,228 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.