Step into refined comfort and community in this newly renovated 2-bedroom, 1-bathroom mobile home nestled in Riverwoods, an active 55+ community. Freshly updated in 2024, this residence radiates modern appeal and practicality. The enclosed porch at the entrance can serve as a versatile third bedroom or an office area, catering to your lifestyle needs. The home features central AC and forced-air heating for year-round comfort. A newly revamped laundry area with a washer and dryer adds convenience. Enjoy the propane gas stove in the kitchen for culinary delights. Outside, a private driveway, and a useful shed for storage. Monthly maintenance fees of $900 cover land use, water, sewer services, and include access to the community gym and clubhouse-an inviting space for social gatherings and activities. Don't miss out on this exceptional opportunity! The rent includes taxes, water, snow, and trash removal, along with cesspool maintenance. All applicants must pass credit, financial, and background checks conducted by management to maintain a secure community environment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$130,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $75 | $75 | $75 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $709 | $691 | $885 |
Total Monthly Payment | $859 | $841 | $1,035 |
* 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.