Discover this well-maintained 2-family house in the vibrant Crotona Park East neighborhood! This property presents an excellent opportunity for first-time homebuyers or investors. Property Highlights: • Spacious Units: The upper unit features 4 bedrooms and 1 bathroom, while the lower unit offers 3 bedrooms and 1 bathroom. • Finished Basement: Enjoy a fully finished basement with a separate entrance, 2 additional rooms, a full bathroom, and a laundry area, providing versatile living space. • Outdoor Space: A private backyard is accessible from both the first floor and the basement, perfect for gatherings or relaxation. • Prime Location: Just a 5-minute walk to the 2 and 5 train lines, with convenient street parking available. Photos have been virtually staged to showcase the potential of each unit. This property will be delivered vacant at closing. Schedule your showing today!
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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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $328 | $328 | $328 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,803 | $4,127 | $5,595 |
Total Monthly Payment | $4,223 | $4,547 | $6,015 |
* 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.