Welcome to a prime investment property ideally situated near downtown Winter Garden, offering unparalleled convenience and potential. Located close to Plant Street, the heart of Winter Garden's Historic District, this property is a gem for investors seeking a profitable venture. Nestled just moments from Plant Street, this property enjoys proximity to Winter Garden's renowned shops, restaurants, and the acclaimed Winter Garden Library. The vibrant cultural scene and community events make it an attractive choice for renters and homeowners alike. With easy access to the 429, commuting to nearby cities such as Orlando and beyond is effortless, enhancing the property's appeal to tenants and potential buyers. Winter Garden boasts a robust rental market, ensuring steady income for investors. The property's proximity to amenities and its desirable location within the Historic District further enhances its rental appeal. Situated on a spacious lot, there is ample opportunity for expansion or development, providing flexibility for future investment strategies. Ideal for seasoned investors or those entering the market, this property offers a strong foundation for long-term growth and income generation. This property near downtown Winter Garden presents a rare opportunity to capitalize on the area's growth and popularity. Whether you're looking to expand your investment portfolio or establish a foothold in a thriving community, this property promises both immediate returns and long-term value appreciation. Don't miss out on this chance to own a piece of Winter Garden's dynamic real estate market. Contact us today to schedule a viewing and explore the potential this property holds for you.
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Our Executive Mortgage Banker:
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$190,000
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 | $152,000 | $152,000 | $152,000 |
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 | $44 | $44 | $44 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,024 | $1,010 | $1,282 |
Total Monthly Payment | $1,143 | $1,129 | $1,401 |
* 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.