A/O Welcome to 2729 Fenton Ave, a well-maintained two-family home situated on a quiet, tree-lined street in the desirable Pelham Gardens/Allerton neighborhood. This versatile property offers great potential for both investors and owner-occupants seeking rental income. The first-floor unit is a spacious 1-bedroom apartment featuring a bright living area, a large bedroom, and a well-appointed kitchen with ample cabinet space. This unit also includes a full bathroom. The second-floor unit is a 2-bedroom apartment that boasts a sunlit porch area, living room, a kitchen dining area, two generously sized bedrooms, and a full bathroom. Both units have hardwood floors throughout, adding a touch of elegance to the living spaces. This property includes a full sized garage with laundry facilities and additional storage space, enhancing its functionality. The fenced-in backyard offers privacy and a tranquil retreat in the heart of the city. Located near Pelham Parkway, this home is close to shopping, dining, public transportation, and schools. The property is conveniently positioned for easy access to major highways, making commutes to Manhattan or Westchester a breeze. Don't miss out on this exceptional opportunity to own a two-family home in one of the Bronx's most sought-after neighborhoods! Schedule your private showing today and explore the possibilities this property has to offer. Best and Final by Wednesday 9/11/2024.
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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.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 | $535,200 | $535,200 | $535,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $514 | $514 | $514 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,561 | $3,557 | $4,589 |
Total Monthly Payment | $4,167 | $4,163 | $5,195 |
* 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.