Opportunity deal for this single-family home in Throgs Neck! Situated on a 37 x 100 lot, this property is being sold as a package deal with an adjacent 13 x 100 lot for $80, 000 (MLS 800958), combining for a total of 50 x 100. The additional side lot enhances its appeal, offering extra parking. The home is offered as a short sale pending approval and requires TLC, making it an ideal investment for anyone ready to roll up their sleeves and bring their vision to life. Main floor features an open kitchen, dining, living area, master bedroom. and full bathroom. The top floor includes 2 extra bedrooms. Finished walkout basement has potential for additional living space, perfect for customization. Easily accessible routes like I-95 and the Bruckner Expressway, along with public transit options including the 6 train and bus lines such as Bx8 and BxM9, ensure easy commute to Manhattan. Also near great schools like PS 72 & the largest park in NYC, Pelham Bay Park. Appliances: Range BuildingAreaSource: Public Records,
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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 | $400,000 | $400,000 | $400,000 |
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 | $534 | $534 | $534 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,373 |
Total Monthly Payment | $3,287 | $3,285 | $3,999 |
* 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.