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Presented by
Team Results |
Welcome to 514 E 188TH ST! Phenomenal Investment opportunity to own this solid beautiful 3 Family Home in the Belmont section of The Bronx. Newly installed Separate heating and cooling split units in each room throughout the house. Each unit has a private laundry room washer & dryer setup. Each unit has it's own hot water heater. This house has been completely renovated from top to bottom, newly renovated kitchens & bathrooms, new electrical, new beautiful flooring. The 1st floor unit offers a very spacious 3 Bedroom 2 Bath with a private balcony and access to the spacious backyard, 2nd Fl front unit offers a 4 Bedroom 2 full Baths, living room, 3rd unit offers 4 Bedrooms 2 Full Baths apartment, . Conveniently located few steps from Fordham University Campus, Botanical Gardens, The Bronx Zoo, The Fordham Rd Metro North Station, Subway lines #4, #D, 2, close to major highways, and Fordham Rd Shopping Hub.
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:
Our Insurance Division:
$1,599,000
Sales Associates
William Raveis Real Estate
Phone: 347.697.9990
TeamResults@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
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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 | $1,279,200 | $1,279,200 | $1,279,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $476 | $476 | $476 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,263 | $7,876 | $10,795 |
| Total Monthly Payment | $7,864 | $8,477 | $11,396 |
* 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.