Great investment opportunity with approved plans for a legal 2 family!! This multi-family property is located in the Dunwoodie/Lincoln area of Yonkers and offers incredible potential for the savvy investor or homeowner looking to create their dream space. The house that's currently sitting on the property needs to be fully gutted offering a blank canvas for customization. Sold "as is, " the foundation and plans include an extension, providing the opportunity to expand and enhance the living space. These plans are ready to be taken and built into your brand new home! The plans are made up of 2 apartments, a 1 bed 1. 5 bath and a 4 bed 2. 5 bath with a walkout basement! Situated in a vibrant neighborhood, this home is conveniently located near a variety of amenities, ensuring a lifestyle of comfort and convenience. You'll be close to shopping centers, retail stores, dining options, and entertainment. The property is also located within a reputable school district. Don't miss out on this fantastic opportunity to invest in a property with immense potential in a sought-after location. Whether you're looking to generate rental income or create a custom living space! For more details please call your agent.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $949 | $949 | $949 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,002 | $2,924 | $3,711 |
Total Monthly Payment | $4,043 | $3,965 | $4,752 |
* 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.