Welcome to 3030 Bronx Park E, a charming one-family frame house in the heart of Olinville, The Bronx, offering an incredible opportunity for those with a vision to transform potential into perfection. Built in 1930, this classic home is a testament to timeless architecture, featuring a generous 1, 801 square feet of living space. The home comprises three inviting bedrooms and one and a half bathrooms, with beautiful hardwood floors running throughout the property. While the house awaits your creative touch to bring it back to life, it already boasts good details that echo its historical charm. Embrace the classic Bronx frame house architecture that defines this residence, set on a lot of 2, 240 square feet with dimensions of 18 ft x 30 ft. The block exudes a harmonious uniformity, enhancing the neighborhood's appeal. One of the standout features of this property is the huge backyard, perfect for entertaining family and friends. Additionally, the property includes a fantastic bonus: an Accessory Dwelling Unit (ADU), providing a small, independent living space ideal for guests or rental income. Location is everything, and this home delivers. Centrally located on Bronx Park East, it offers unrivaled access to public transportation with trains and buses nearby, making the commute to Manhattan a breeze. Nature and recreation lovers will delight in the proximity to the New York Botanical Garden, a 250-acre paradise of lush landscapes, and the expansive Bronx Zoo, one of the largest metropolitan zoos in the country. Also nearby is the serene Bronx River, providing a picturesque backdrop and a touch of nature's tranquility. This home is more than just a project; it's an opportunity to craft your dream residence in a vibrant community rich with culture and convenience. Don't miss the chance to make this house your own and enjoy all that The Bronx has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
Total Monthly Payment | $3,812 | $3,809 | $4,808 |
* 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.