603 Walton Avenue, Bronx (Mott Haven), NY, 10451 | $1,300,000
Rare find! Welcome home to 603 Walton - a legal two-family brick townhouse nestled on a charming tree-lined block, and surrounded by other early 20th Century homes. This 2, 500 square foot house features 5 bedrooms, 3 full baths, and 2 half baths. The owner's triplex features spacious bedrooms, each of which can accommodate a king-sized bed, and comes fitted with large closets. The garden level is home to a lovely one bed, one bath apartment. It’s currently used to legally generate over $40k in annual income. The rental income combined with low taxes make this home a smart buy for either an investor or a family seeking more space. If you’re new to the neighborhood nearby amenities include Gotham Tennis Center, and The shops at Bronx Terminal Market (Target, Home Depot, Best Buy, Food Bazar, BJ’s and more). All are within walking distance. Local eateries include Zona De Cuba, which offers lively entertainment and a huge outdoor terrace with year round dining. The house is also located in School District 7, home of Concourse Village Elementary School (re-named LEAD 359 Leaders of Excellence, Advocacy, and Discovery in September 2024), a National Blue Ribbon School. A short walk from Grand Concourse and the 2, 4 & 5 express trains you’ll be in Midtown Manhattan or Union Square in under 30 minutes.
Features
- Town: Bronx
- Rooms: 7
- Laundry: SeeRemarks
- Year Built: 1901
- Cooling: Unknown Type
- Building Access : Walk-up
- Service Level: None
- Built Size: 16'x36'
- OLR#: COMP1660511224171341
- Days on Market: 71 days
- Website: https://www.raveis.com
/prop/COMP1660511224171341/603waltonavenue_bronx_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Compass Florida, LLC.
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
603 Walton Avenue, Bronx (Mott Haven), NY, 10451
$1,300,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,824 | $6,403 | $8,636 |
| Total Monthly Payment | $5,949 | $6,528 | $8,761 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535