Open House by Appointment Only. Confirmed Appointments Required. Welcome to this charming 1-bedroom apartment in the Fordham Manor neighborhood of The Bronx, where natural light fills the space throughout the day. As you enter, you’ll find a spacious foyer ideal for a dining table or a mudroom area. The roomy living room is perfect for entertainment, while a versatile bonus room offers options for a home office or library. The bedroom boasts a generous closet and plenty of space for dressers and a reading chair. Conveniently located, this apartment is just a short distance from the Target and Starbucks on 225th Street. Commuters will enjoy easy access to the #1 train at 225th Street, the Metro-North Marble Hill rail stop, and express buses to 5th Avenue and Lexington Avenue in Manhattan. Plus, it's only a 15-minute drive via I-87 to Yankee Stadium. Monthly maintenance includes heat, hot water, sewer, water, and real estate taxes. Current assessments: 1. Abatement Assessment: Ends 11/30/24 ($68. 84 per month) 2. Capital Assessment: Ends 05/31/25 ($141. 30 per month) 3. Project Assessment: Ends 01/31/27 ($211. 70 per month)
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Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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 | $128,000 | $128,000 | $128,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $841 | $841 | $1,072 |
Total Monthly Payment | $916 | $916 | $1,147 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.