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Opportunity awaits in East Tremont, The Bronx! Enjoy a sun-filled two bedroom, one bath HDFC co-op on the third floor of a classic 1913 prewar walk-up, directly across the street from the newly renovated Mapes Park. The bright living room takes in open park views, and the primary bedroom draws light from 3 windows. Both the kitchen and the bathroom are windowed, a rare and desirable feature that keeps the whole apartment bright and airy. The compact second bedroom sits just off the kitchen and offers flexible use as a home office, nursery, or guest room. The separate windowed kitchen is ready to be redesigned and modernized to your taste, making this a true canvas for creating value at an accessible price point. The location delivers every day. The Southern Boulevard entrance to the Bronx Zoo is four blocks away, and the restaurants, cafes, and bakeries of Arthur Avenue, the Bronx's Little Italy, are a 5-minute drive. The 2 and 5 trains at West Farms Square-East Tremont Avenue are a short walk, with the Q44 SBS connecting to Flushing and Jamaica. Monthly maintenance of $711 includes heat, water, and sewer. Purchase is subject to HDFC and board requirements.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$149,000
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 | $119,200 | $119,200 | $119,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.760% | 6.902% | 6.118% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $734 | $773 | $998 |
| Total Monthly Payment | $809 | $848 | $1,073 |
* 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.