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Discover an incredible opportunity to own in one of the Bronx’s most desirable neighborhoods! This short sale property is brimming with potential and ready for its next owner to bring their vision to life. Whether you're a savvy investor, an ambitious homeowner, or someone seeking a rewarding renovation project, this property offers the perfect canvas to create the home you've always wanted. Set in a well-established and sought-after section of the Bronx, this residence is surrounded by charming streets, access to transit, schools, parks, and vibrant community amenities. The location alone makes this a rare find, but the price makes it even more attractive—priced to sell and sure to move quickly. With solid bones and a flexible layout, the home is ideal for anyone who sees the value in customizing a space to their needs and taste. Whether you're planning to update for resale or design your forever home, the possibilities here are endless. Please note: this is a short sale and the sale is subject to third-party approval. Buyers should be prepared for a non-traditional timeline and must provide proof of funds or pre-approval with all offers. This is an as-is sale—the seller will not be making any repairs. Drive-by only. Interior showings are not available at this time. Serious inquiries only. All offers must be submitted via email to AskFatimaHowe@gmail. com and include proof of funds or financing documentation. Don’t miss your chance to invest in one of the Bronx's most promising opportunities. Reach out today—this will not last long! For more information, contact the listing agent directly.
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William Raveis Real Estate
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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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $496 | $496 | $496 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,246 | $2,365 | $3,014 |
Total Monthly Payment | $2,817 | $2,936 | $3,585 |
* 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.