Unique on its size, style and configuration. Extra large 3800 square foot, brick detached multifamily situated on an over sized corner lot in a desirable Indian Village/ Pelham Parkway. Located just steps away from three major hospitals, shopping, and public transportation. This massive home (three floors above ground plus a huge basement) is compromised on top floor with a large 3 bedroom one and 1/2 bathroom over 3 bedroom one and 1/2 bathroom on the middle floor over a large 2 bedroom, 2 full bathroom on the ground floor (or use lower level with middle floor as a 6 bedroom 3 1/2 bathroom) over a full basement, extra large two car garage and a huge driveway for an additional four cars. The entire house has been completely renovated in and out, it presents a unique opportunity for a sophisticated buyer/investor. First time in the market since it was built 63 years ago. Do not let this opportunity of a lifetime slip away. Call today for a private tour! Proof of funds are required.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,675,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,340,000 | $1,340,000 | $1,340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $883 | $883 | $883 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,820 | $8,580 | $11,398 |
Total Monthly Payment | $8,828 | $9,588 | $12,406 |
* 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.