Welcome to direct waterfront property 3A Edgewater Park, a charming Coop located in the East Bronx neighborhood of New York City. This home was built in 1985 and offers a comfortable and spacious living space for its residents. With 3 bedrooms and 2 bathrooms and a total of 1, 300 square feet of finished area, this property is perfect for those looking for an easy indoor/outdoor lifestyle on the water! As you step inside, you are greeted by the most beautiful view of the ocean and a warm and inviting interior that is sure to make you feel right at home. The main level features an open concept living room, dining area, bathroom and chef's kitchen, providing plenty of room for entertaining guests or simply relaxing with your loved ones. The kitchen is equipped with modern appliances and ample cabinet space with quartz countertops making meal preparation a breeze. Grill with the views of the ocean and enjoy million-dollar views. Upstairs, you will find three bedrooms and one bathroom plus a laundry room offering privacy, convenience and comfort for the residents. The bedrooms are spacious and bright, with large brand new windows that let in plenty of natural light. The bathroom is sleek and modern, with updated fixtures and finishes that add a touch of luxury to the space. Outside, the property boasts a well-maintained patio with stunning views of the Long Island sound providing a peaceful and serene setting for outdoor activities: boating, kayaking, jet skiing, fishing, swimming or just relaxing at the beach. The lot size is generous, allowing for plenty of room for gardening, playing, or simply enjoying the fresh air. Located in the East Bronx neighborhood, this home offers easy access to a variety of amenities and attractions. Whether you want to explore the local shops and restaurants, take a stroll along the nearby waterfront, or simply relax in the comfort of your own home, this property has it all. Overall, 3A Edgewater Park is a fantastic opportunity for anyone looking for an affordable and easy waterfront living in the heart of the East Bronx. With its charming interior, outstanding water views of the ocean, practical layout, and desirable location, this property is sure to impress even the most discerning buyer. Don't miss out on the chance to make this lovely Coop your new home!.
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William Raveis Mortgage, LLC
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,586 | $3,411 | $4,346 |
Total Monthly Payment | $3,678 | $3,503 | $4,438 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.