New Price: Several options available with this land/building parcel! . 6 acre total land which stretches from 71st St. N over to 71st Way. N. . Currently there are 2 platted lots but research has shown that 4 lots should be allowed with the R-3 Zoning. The ideal feature is that the existing home (recently updated with hurricane impact-rated windows, kitchen & baths, central AC upstairs and a Mini-Split downstairs), rain gutters on 2nd storey prevent rain making trenches below. House fits perfectly on one of the potentially replatted lots. Current surveys of both lots are available as well as what would need to be done to satisfy the requirements for replatting of the entire parcel subject to county approvals. Sewer is connected to both vacant Lot 12 (71st Way) west of the home & Lot 1 on which the home stands. The home's sewer line (5370 - 71st St. N. ) is connected with a 6-inch county connection). Downstairs suite great for home office, guest quarters, in-law suite w/mini-split A/C & private entrance. No direct access to upper level. . . use exterior stairway to go upstairs to living/dinette area, kitchen w/breakfast bar, 2 bedrooms, bathroom.
1-1/2 garage with laundry hook ups & pedestrian door to stairway to upper level.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $552,000 | $552,000 | $552,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $651 | $651 | $651 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,719 | $3,669 | $4,655 |
Total Monthly Payment | $4,462 | $4,412 | $5,398 |
* 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.