Great investment property offering an excellent opportunity! The first-floor apartment features two spacious bedrooms, while the second apartment also offers two bedrooms, a full attic with two additional bedrooms, and a finished basement. The property has undergone significant updates, including a new boiler, new plumbing, a newly installed roof, a new water tank, and new electrical wiring. Currently tenant-occupied, this home provides great rental potential. The property includes a shared driveway but has its own parking in the back and a yard. Located in a great area with easy access to public transportation, including Metro North, and local amenities, this property offers strong rental potential.
826 E 216th Street, Bronx, NY, 10467
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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