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Completely renovated two family home in the heart of Pelham Bay offering modern finishes, flexible living space, and exceptional convenience. The first floor features a spacious 3 bedroom, 1 bathroom apartment, while the second floor offers a bright 2 bedroom, 1 bathroom apartment, making this property ideal for owner occupants or investors. The finished walkout basement provides additional versatile space complete with a summer kitchen/kitchenette, making it well suited for a recreation room, home office, guest area, gym, or other permitted uses. Throughout the home you'll find beautiful hardwood floors, recessed lighting, stainless steel appliances, and thoughtful updates that create a clean, contemporary feel. Outside, the improvements continue with a newly redone driveway, walkways, and backyard, providing attractive outdoor space for entertaining, relaxing, or everyday enjoyment. Private driveway parking adds to the home's convenience. Located in the Pelham Bay section of the Bronx, this property offers easy access to the 6 Train, multiple local and express bus routes, and major highways including the Bruckner Expressway, Hutchinson River Parkway, and Cross Bronx Expressway, making travel throughout New York City and Westchester convenient. Nearby destinations include Pelham Bay Park, Orchard Beach, City Island, Bay Plaza Shopping Center, The Mall at Bay Plaza, a wide variety of restaurants and shopping, as well as nearby medical facilities including Jacobi Medical Center, Montefiore Einstein Hospital, and NYC Health + Hospitals/Jacobi.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$999,888
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 | $799,910 | $799,910 | $799,910 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | $609 | $609 | $609 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,479 | $4,796 | $6,696 |
| Total Monthly Payment | $5,180 | $5,497 | $7,397 |
* 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.