Located in a prime spot at 2341 Mathews Ave in the Pelham area, this remarkable 2-bedroom, 1-bath property with a finished basement offers great potential. This gem features a driveway and a one-car garage. Nestled in a vibrant community, the property is conveniently situated near the 2, 5, and 6 subway lines, as well as several bus routes, ensuring excellent access to Manhattan in just 30 minutes. The surrounding area boasts parks, schools, and a variety of local shops and dining options, enhancing its appeal for families and professionals alike. I'd like to highlight several recent upgrades to the property. The downstairs kitchen has been fully renovated, including new flooring throughout. The HVAC system is brand new, along with updated electrical work. New windows have been installed, and the roof has been partially replaced, complementing a new gutter system. With its welcoming atmosphere and strong sense of community, this property is not to be missed don't let this opportunity slip away!
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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 | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $525 | $525 | $525 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,048 |
Total Monthly Payment | $3,810 | $3,807 | $4,665 |
* 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.