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Limited-Time Offer: Move in between April 1st and July 1st, and take advantage of 1 month free on a 13-month lease. The advertised rent reflects the net effective price, factoring in current incentives. The legal rent listed on the lease is $3, 700. Please note that the gross rent excludes utilities. Offers, pricing, and availability are subject to change—don’t miss out! Discover modern comfort in this inviting one-bedroom apartment at Pelham Residence. Designed for contemporary living, it features sleek finishes, a convenient in-unit washer and dryer, and a private balcony where you can unwind or entertain with ease. Pelham Residence offers an array of modern amenities, including a fully equipped gym, an open roof deck with panoramic views, bike storage, and convenient on-site storage. Nestled in the vibrant Pelham Bay neighborhood, the building is just steps from Pelham Bay Park, scenic trails, local shops, and dining. With easy access to public transit and major highways, this is the perfect blend of comfort, convenience, and community. Income must be 40x the rent & credit scores for all applicants must be above 650 – Guarantors/ cosigners are considered
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:
$2,750
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,200 | $2,200 | $2,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $14 | $18 |
Total Monthly Payment | $88 | $89 | $93 |
* 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.