5614 Netherland Avenue, #5C, Bronx, NY, 10471 | $200,000

INCREDIBLE OPPORTUNITY to create your own kitchen/living space with a generous seller concession and an OPPORTUNITY TO HAVE AN INDOOR GARAGE PARKING SPOT WHICH COMES WITH THIS APARTMENT in fabulous Riverdale. Gorgeous morning light floods this one-bedroom at Netherland Gardens. The kitchen has enough space for a small table, but your spacious foyer doubles as a dining area. The bathroom has been newly renovated in a clean, modern style. The seller is providing the opportunity for you to create your own Fantastic New Kitchen with a large $$ concession. Netherland Gardens is a well-run Co-Op with impeccably cared-for, landscaped grounds and onsite management. Storage is also available in each building. There is a private playground, and a beautiful community room available to rent with a functioning kitchen. Park benches and umbrellas are available throughout the grounds for all tenants to enjoy. This wonderful Co-op is a block to local/express buses and plenty of shopping and restaurants. Metro-North is also very close by for a quick commute into Grand Central. Netherland Gardens is also steps away from the Riverdale Y (great gym and swimming facilities) and the Neighborhood House, both serving the community for many years Highly-rated public and private schools are also very close by. This neighborhood has it all! Please note the building has a strict projected debt to income ratio policy - must not exceed 25%.

Features

  • Parking: 1 Car Attached
  • Heating: Natural Gas, Hot Water
  • Cooling: Wall Unit(s)
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Netherland Gardens Corp
  • Year Built: 1949
  • Approx Sq. Feet: 700
  • Middle School: Riverdale/Kingsbridge (Ms/Hs 141)
  • High School: Riverdale/Kingsbridge (Ms/Hs 141)
  • School District: Bronx
  • Pet Policy: Cats OK
  • MLS#: H6335800
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/H6335800/5614netherlandavenue_bronx_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Breu Churchill   Phone: 917-538-2380

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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

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5614 Netherland Avenue, #5C, Bronx, NY, 10471

$200,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $160,000 $160,000 $160,000
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 N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,091 $1,063 $1,349
Total Monthly Payment $1,166 $1,138 $1,424

* 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.