Largest unit available in The Fairchild! 2 generous bedrooms plus extra room off of kitchen. Walk to the train, Village and parks from this completely restored apartment with a large living room , stunning new open kitchen (white Shaker cabinets, quartz countertops, island with counter seating and pendants), new designer bathroom (Kohler shower, black porcelain tile flooring, floating modern white vanity) upgraded electrical and plumbing throughout, washer/dryer in unit, 24/7 virtual doorman, new heating/cooling unit, new oak flooring, walk in closets and a newly updated lobby. Built in 1929 during the "roaring twenties, " "The Fairchild" is comprised of 3 buildings with 33 apartments above 5, 500 square feet of retail and space. Named after Benjamin Fairchild who, along with his partner Benjamin Corlies, were landowners and early developers of Pelham Heights in the late 19th century, these buildings retain all of their historical character, charm and significance. All 3 buildings underwent an extensive exterior restoration and interior transformation into beautiful modern dwellings by the new owners. Colonial School recently awarded the Blue Ribbon of Excellence by the US Department of Education. 245 Wolfs Lane will be available for occupancy in February, 2024. Appliances: Electric Water Heater BuildingAreaSource: Plans,
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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 | $3,080 | $3,080 | $3,080 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $20 | $20 | $26 |
Total Monthly Payment | $95 | $95 | $101 |
* 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.