Welcome to 224 W 262nd St. where Elegance, Charm, and Sheer uniqueness meet. This all brick Single Family home is located in the highly sought-after North Riverdale neighborhood of the Bronx. The lovely residence exudes character with its original hardwood floors throughout, original luxurious moldings, high ceilings, and upgraded Pella double-paned arched windows only 5-yrs old. The roof was replaced just a year ago, and the plumbing is updated w/ safety cut-offs, ensuring peace of mind for years to come. Step inside to the first floor, where you'll find a spacious living room, formal dining room, and a well-appointed kitchen, complemented by a Fully Renovated half bathroom. The second floor boasts three bedrooms and a full bathroom, as well as a convenient full attic accessible via pull stairs, perfect for storage needs. Additionally, there's a second entrance/egress halfway down the stairs leading to the full basement, which houses a washer/dryer and two large rooms. (Second entrance can also access the backyard). This property offers both an attached garage and a driveway for your convenience. One of the standout features of this home is the adjacent buildable 31' x 79' lot, creating a total land area of . 175 acre! The location is superb, just one block from Van Cortlandt Park, and close to an array of shopping options on Riverdale Ave. Whether you Drive or take Public transportation, easy access to trains, buses, Mnt St. Vincent College, highways leading to Manhattan, Westchester, and the George Washington Bridge make your commute a breeze. Additionally, the sale includes the buildable lot located to the right of the property: lot 1128, block 5882. Please note that the taxes and lot size provided reflect both properties combined, making this an exceptional opportunity for home-ownership and investment in a prime location. Bring all Offers ! Additional Information: Amenities: Storage, HeatingFuel: Oil Above Ground,
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William Raveis Mortgage, LLC
Phone: 347.223.0992
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $805 | $805 | $805 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,316 |
Total Monthly Payment | $5,022 | $5,018 | $6,213 |
* 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.