562 Underhill Avenue, Bronx, NY, 10473 | $899,000

Rock solid two-family detached brick with frame dormer home set on two lots, each 25 x 100 totaling 5000 square feet. This tri-level two family home offers a myriad of opportunities. Located in a R5 Zone it is presently being used as a large one family home on a quiet block in prime Soundview neighborhood. The first floor features a covered front porch or sunroom upon entry. The first-floor apartment consists of four rooms set up as a living room, formal dining room, eat-in-kitchen, full-bath, KING size bedroom with exterior access to a private covered rear porch and direct access to a finished lower-level or walkout basement includes a full bath and four additional rooms. The finished basement is approximately 900 sq ft. Bring your imagination and make the rooms fit your vision. The second floor consists of three rooms previously used as a two-bedroom, one-bath unit plus living room/kitchen combination. The house sits on one 25 x 100 lot and the second lot is vacant and has ample parking space for several vehicles. One 25 x 100 lot is completely vacant, providing an opportunity for new construction or expansion of the existing dwelling in R5 Zone. Conveniently located to NYC buses BX 27 and BX 39, shopping and I-278 and I-95. Taxes shown reflect both lots combined. This property is being conveyed AS-IS.

Features

  • Bedrooms: 5
  • Baths: 3 full
  • Style: Flats
  • Year Built: 1920
  • Heating: Natural Gas
  • Cooling: None
  • Basement: Finished, Full, Walk-Out Access
  • Est. Taxes: $7,033
  • Lot Desc: Back Yard, Near Public Transit, Near School, Near Shops, Paved
  • Elem. School: Ps 182
  • Middle School: Bronx Mathematics Prep Sch (The)
  • High School: Contact Agent
  • School District: Contact Agent
  • MLS#: 1022281
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/1022281/562underhillavenue_bronx_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Weichert Realtors Legacy Group   Phone: 718-597-2300

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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562 Underhill Avenue, Bronx, NY, 10473

$899,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.223% 6.058%
Monthly Tax Payment $586 $586 $586
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,027 $4,370 $6,021
Total Monthly Payment $4,705 $5,048 $6,699

* 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.