Welcome to Lake Barton Park, where location meets lifestyle without the constraints of an HOA! This charming three-bedroom, one-bath home spans 1, 286 square feet and sits on an expansive . 34-acre lot zoned R-2. In a vibrant and desired neighborhood, this area boasts a diverse mix of luxury listings, cozy bungalows and convenient townhomes, all within proximity or a short drive to numerous businesses and recreational facilities. Ideal for investors seeking to expand their rental portfolio, renovators eager to customize or first-time homebuyers envisioning their dream home, the potential here is boundless. The interior features easy-to-maintain vinyl and tile flooring throughout, a spacious combined living and dining area anchored by a charming brick wood-burning fireplace, a kitchen complete with a pantry and an interior laundry room with backyard access. Leased until 02/28/2025, this property generates $2, 050 per month in rental income. Enjoy proximity to many amenities including the scenic Cady Way trail, Fashion Square Mall, Baldwin Park Village, downtown Orlando, Audubon Park/Corrine Drive, and Winter Park. Top-rated school district, adding to the appeal of this remarkable opportunity. Don't let this chance slip by so schedule your showing today and discover the endless possibilities the Lake Barton Park community has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$355,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $284,000 | $284,000 | $284,000 |
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 | $330 | $330 | $330 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,889 | $1,888 | $2,395 |
Total Monthly Payment | $2,294 | $2,293 | $2,800 |
* 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.