Attention Buyers, Builders, and Developers! Don’t miss this prime opportunity in the highly sought-after Soundview location! This 5, 000 sq ft lot (50 ft x 100 ft) in R5 zoning offers incredible potential. The property features an existing 2-family home with a full basement, delivered vacant—ideal for immediate use or redevelopment. Build a 3-family home or enjoy the expansive yard as a buyer. Key Updates: Roof replaced in 2019 New boiler installed in 2021 for efficient heating Prime Location: 6 Train at St. Lawrence Ave - 0. 16 miles 6 Train at Morrison Ave–Soundview Ave - 0. 39 miles 6 Train at Parkchester–East 177th St - 0. 42 miles Perfect for investment, redevelopment, or spacious living. An exceptional opportunity in the heart of the Bronx—act now!
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,999
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | $583 | $583 | $583 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,991 | $6,697 |
Total Monthly Payment | $5,280 | $5,666 | $7,372 |
* 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.