INVESTOR ALERT!! Here are 2 great acres just off Highway 318 and Hwy 441 that has plenty of income potential, NW 60th ave is a very pretty street which brings you to one of the two property access points. Location, location, with an easy commute to Ocala or Gainesville and just minutes to the future development of WEC's Jockey Club. Two older mobiles homes, that are both currently rented, so PLEASE DO NOT DISTURB TENANTS, & PLEASE DO NOT ENTER THE PROPERTY. Both mobiles have had some updating, the first is a 3 bed, 1 full and 1 half bath and the second is a 1 bed with 1 bath. This could be a fabulous rental opportunity with airbnb, short term rentals and the nearby equestrian activities; even clear out some of the brush and smaller trees and get yourself some nice pasture, zoned A1. For more information contact agent.
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William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
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 | $124,000 | $124,000 | $124,000 |
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 | $145 | $145 | $145 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $835 | $824 | $1,046 |
Total Monthly Payment | $1,055 | $1,044 | $1,266 |
* 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.