Welcome to 1539 Hollywood Avenue. Discover this stunning brick two-family home, ideally situated in the heart of the desirable Pelham Bay neighborhood. This semi-detached gem offers a spacious 21’ x 50’ building size, providing ample living space and a fantastic layout for both owner-occupants and investors. Move right in or start renting immediately! Both kitchens and bathrooms have been beautifully remodeled, offering modern finishes and functionality. The home features hardwood flooring throughout, adding a touch of elegance to every room. 3-bedroom unit on the upper level, 2-bedroom unit on the main level. Finished walk-in basement with a full bathroom, perfect for extended family or additional rental income. Detached Two-car garage, ensuring secure parking. Efficient oil heating system. This property boasts unparalleled convenience For Prime Location. Very Close to the MTA 6 train Buhre Ave station for easy commuting, to the Q50 inter-county bus station for seamless connectivity. Close proximity to PS 071 public school, local library, banks, restaurants, the post office, and shopping centers. Access to multiple local bus lines for additional transportation options. Whether you're seeking a comfortable home with income potential or a strategic addition to your investment portfolio, 1539 Hollywood Avenue checks all the boxes. Don’t miss out on this exceptional opportunity in a thriving Bronx neighborhood!
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $559 | $559 | $559 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,728 | $5,117 | $6,798 |
Total Monthly Payment | $5,378 | $5,767 | $7,448 |
* 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.