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Welcome to this Beautiful very well kept fully renovated large 2 family house with a finished basement and a separate Lot (432 turneur ave) zoned R5 included in the sale. 2nd floor has 3 bedrooms and one bath, with wooden floors and a renovated kitchen and bathroom, over 1600 sq ft which you can add an extra room for more rental income can easily convert it to a 4 bedroom. 1st floor has 3 bedrooms with 2 full bath, fully renovated kitchen and bathrooms. and working your way down to the walkout basement which has its own separate entrance in the front and back. has a fully renovated bathroom which is legal and enough square footage to build a 3 bedroom for storage purposes or leave it as is with it's kitchenette. best part of all is fully vacant. property also has solar panels which are fully paid off. each apartment has split units which means every tenant pays their own utilities. (the separate lot next to it already has enough space for someone with a lot of vehicles or if you would like to build you can build anywhere from 1 to a 5 family residence. if you build a 1-2 family you will need to leave space for parking or if you build from 3-5 family you can leave the parking out) call me for a private showing. this is an amazing opportunity to own a prime piece of real estate in the bronx with buildable opportunity to generate more appraising value.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.613% | 6.435% |
Monthly Tax Payment | $637 | $637 | $637 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,757 | $6,321 | $8,574 |
Total Monthly Payment | $6,519 | $7,083 | $9,336 |
* 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.