Great investment opportunity in the highly desirable Pelham Bay section of the Bronx. This two-story attached brick house with walkout basement, fenced-in yard, pool, patio, and shed is located near all major highways and the 6 train. The first and second-floor units both have two bedrooms, a dining room, a sunken living room, and a kitchenette. The primary bedrooms have double-wide closets, and there are split units in all four bedrooms. The living rooms are spacious and both have in-wall AC units. The bathrooms have full tubs with sliding glass doors and linen closets with built-in hampers. Both kitchens have stainless appliances and with remodels in both 2017 and 2022. The walkout basement has a laundry room with w/d, one small room with a storage closet, and a large open space with a full bathroom. The yard has a vinyl privacy fence, a 12 x 12 shed, a sunken-in above-ground pool surrounded by pavers, a patio off the walk-out basement door, and a fig tree in addition to two Dogwood trees and shrubs. There is an off-street paved driveway with parking for two cars and a large Rubbermaid trash receptacle. Brand new 50 Gallon water heater tank installed February 2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$985,000
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 | $788,000 | $788,000 | $788,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $720 | $720 | $720 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,474 | $5,046 | $6,703 |
Total Monthly Payment | $5,286 | $5,858 | $7,515 |
* 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.