Welcome to 2809 Wickham Ave, a rare gem in the heart of the Bronx! Situated on a spacious 4, 700-square-foot lot, this unique property offers the perfect blend of residential comfort and commercial potential. With zoning for both residential and business use, it's ideal for those seeking a home with income-generating possibilities, such as an office or store right in the neighborhood. Step inside and you'll find a beautifully renovated interior with gleaming new floors and a modernized kitchen boasting sleek finishes and appliances. The updated bathrooms throughout the home add to the modern feel, creating a turnkey living experience. A fully finished basement with a separate outside entrance offers endless possibilities, or if you're just looking for additional living space. For the green thumb, the garden is a true sanctuary, with organic fruit trees and space to grow your own produce, a rarity in the Bronx. This home is truly one of a kind, offering both space and versatility in a borough where these types of opportunities don't come often. Don't miss out on this exceptional property-whether you're looking to create a dream home, start a business, or both!
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Our Executive Mortgage Banker:
Our Insurance Division:
$719,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $575,200 | $575,200 | $575,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $407 | $407 | $407 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,779 | $3,779 | $4,815 |
Total Monthly Payment | $4,278 | $4,278 | $5,314 |
* 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.