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**Unlock the Potential in Wakefield!** Opportunity awaits in this detached single-family home located in the highly desirable Wakefield section of the Bronx. Offering 2–3 bedrooms, 2 full bathrooms, and a finished walkout basement with a private entrance, this home is full of possibilities for buyers looking to add their personal touch. The spacious layout features hardwood and ceramic tile flooring, generous living and dining areas ideal for entertaining, washer and dryer hookups, and an enclosed front foyer that can easily be transformed into a home office, fitness room, playroom, or additional living space. Outside, enjoy a detached garage along with both front and backyard space, perfect for gardening, outdoor gatherings, or simply relaxing. Conveniently located near NYC buses, trains, major highways, shopping, parks, and schools, with easy access to Yonkers and Mount Vernon, this property combines location with exceptional potential. While the home does require TLC and updating, it offers a solid foundation and an excellent opportunity to build equity and create the home you've always envisioned. Whether you're a first-time buyer, an investor, or someone searching for a home with room to customize, this is your chance to make this Wakefield gem your own. Don't miss this opportunity to invest in a sought-after neighborhood and transform this property into something truly special!
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Our Executive Mortgage Banker:
$595,000
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 |
|
|---|---|---|---|
| Loan Amount | $476,000 | $476,000 | $476,000 |
| 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 | $429 | $429 | $429 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,892 | $3,006 | $3,953 |
| Total Monthly Payment | $3,413 | $3,527 | $4,474 |
* 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.