For Sale - Live as is, or development opportunity with expansion possibilities and a-lot of value. This double lot gated single-family home located at 2866 Middletown Rd, Bronx, NY 10461 is in the desirable Schuylerville neighborhood. Built in 1920, this property has approximately 1, 320 sq. ft. of floor space plus attic rooms, and a property lot size of 2554 sq. ft. Old style frame house with vinyl siding full basement, with a large oversized detached frame garage. Close to shopping, restaurants, and all public transportation; train or bus ride to Manhattan; close to Montefiore Hospital, close to the park. This one will not last. Double lot is as follows: 2866 Middletown Rd, Bronx, NY 10461 - A1 - TWO STORIES - DETACHED SM OR MID- 25x102. 17 sq. ft. 2868 Middletown Rd, Bronx, NY 10461 - G0 - GARAGE; RESIDENTIAL TAX CLASS 1- 25x101. 33 sq. ft. - has approx. 1900 sq ft. of air rights for potential future expansion. 2024-2025 - est. taxes: $5, 168. 67. Zoning R4A
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$749,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
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 | $431 | $431 | $431 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,053 |
Total Monthly Payment | $4,509 | $4,505 | $5,576 |
* 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.