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Listed 2 months ago

1201 Pelham Street

662 - Fonthill, Pelham

$474,900

Detached|Bungalow
3 | 1 | 4
About this home

Not often do you find an opportunity to get into Fonthill at this price point!This quaint 3-bedroom, 1-bathroom home sits on a generous 72' x 125' corner lot, offering plenty of space and future potential. With the possibility of adding a driveway off the side street, the property provides great flexibility.Located close to Fonthill's amenities and excellent schools, this home is ideal for a variety of buyers. Move in and enjoy it as-is, rent it out as an investment, or take your time putting your own stamp on it. For those with a bigger vision, the lot may also offer the opportunity to build your dream home.A great property with options today and potential for tomorrow - all in a desirable Fonthill location.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,010
Lot Size72 ft x 125 ft
mls© NumberX13724052
Listed ByCOLDWELL BANKER MOMENTUM REALTY, BROKERAGE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,431
Property tax
$251
Heat allowance
$150
Housing costs
$2,832 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $94,980
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,998 / mo
Cash down
$94,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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