Nestled on a quiet tree lined block, this charming 3BR is located off coveted Pelham Parkway S in a stately pre-war building named The Sussex. This location offers so much to enjoy: biking and walking trail of over 6 miles which loops into the famed Pelham Bay Park and the Bronx Park as well as the Bronx Zoo and New York Botanical Garden, specialty food shopping just steps away from the building and a plethora of public transportation including 2/5 trains, Bx12 bus, etc. The building greets you with a grand lobby featuring molded ceiling and an elevator. This 2nd floor unit opens to a spacious foyer and continues to a grand living room and dining room combo. Spacious primary bedroom is equipped with two windows and two closets. Two secondary bedrooms are generously sized. This apartment has a total of nine closets, which makes you feel you live in a home. A well designed remodeled eat-in kitchen offers a plenty of cabinets and countertop space as well as a pantry closet. With current rates, you can finance this unique home for less than the market rate of a rental. Make a smart decision and call us today for a private tour!
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,000
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 | $199,200 | $199,200 | $199,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,309 | $1,309 | $1,668 |
Total Monthly Payment | $1,384 | $1,384 | $1,743 |
* 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.