Located in a serene gated community on City Island, Bronx, this 3 bedroom, 3. 5 bathroom condo features 11-foot ceilings, a gas fireplace, and hardwood floors. Double French doors open to a 23-foot terrace with water views. The kitchen boasts Caesarstone countertops, white maple cabinets, and GE Profile appliances. The primary suite offers two closets, an en-suite bath with Carrera marble and double vanity. Built in 2017, the home includes Andersen windows, central air, and a smart washer/dryer. An indoor garage and extra storage enhance its value. Walking distance to local amenities, this 43-unit waterfront development spans 5 prime acres and includes amenities such as a clubhouse with a fitness center, a heated pool, and a playground. This home embodies the luxury living and community spirit of City Island. For the convenience of commuting to Manhattan, the BxM8 express bus makes several stops along City Island Avenue, providing direct access to Midtown. Additional Information: Amenities: Storage, ConstructionDescription: Vinyl Siding,
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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 | $663,200 | $663,200 | $663,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $433 | $433 | $433 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,766 | $4,138 | $5,552 |
Total Monthly Payment | $4,291 | $4,663 | $6,077 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.