This is a pretty large studio (550 square feet) located on the edge of one of the most underrated parks in the City. Not to mention that Woodlawn is one of the most underrated hoods in the City. The price is really shocking in how low it is. When BoogieDowner ran the numbers, on a 30 year mortgage with 5% rate, your monthly would be $343. Throw in your $385 common charge and you'd be a homeowner, equity builder, and mortgage interest tax write-off recipient for $728/month. You would have to come up with $14,800 for a down payment (which is no easy task), but it might be wise to beg, borrow, or save the old fashioned way for something like this. On a monthly basis it would be a little over $400/month for 3 years to build up that $14+K . A hundo a week for three years...
BoogieDowner has fawned over Woodlawn a bunch already, so I'm not going to re-invent the wheel here. Below is BoogieDowner's obligatory Woodlawn homage:
Woodlawn is a very unique neighborhood in the Bronx. It is an Irish enclave that has enough bars and pubs to make even Galway jealous. My favorites are Rory Dolan's (technically in Yonkers) on McClean Avenue and the Rambling House on Katonah Ave (funny story about the Rambling House and my daughter's baptism, but that's one to be told over a pint). The shepherd's pie and other Irish specialties are can't misses. The people in Woodlawn are super-friendly (hey, a lot of them are happy drunks, I guess). Obviously St. Patty's Day is not to missed up here. You'd have some shopping up and down Katonah and McClean Avenues.
An added bonus would be proximity to Cousin Tommy (although it's been pretty quiet out on the Cousin Tommy front for a while).
The transportation might a little weird on this side of the hood. The 4 train Woodlawn stop really isn't in Woodlawn (it's on the other side of the cemetery in Norwood). I guess you'd take the bus to train (if the Bx 34 survives the MTA budget cuts). It would be a decent walk over to the eastern edge of the hood for the Woodlawn Metro North stop. Any Woodlawners want to share their commutes with us? How's it all go down in the am and pm rushes?