Under contract-accepting backup offers. Welcome to 834 Anchorage Lane, a unique opportunity for the savvy investor with a vision. This 2-bedroom, 2-bathroom home is a hidden gem waiting to be polished. Yes, it's true—this property is in disarray, with personal belongings still scattered about and decor that will transport you straight back to the 1970s. But don’t let that deter you; this place is a goldmine for anyone looking to wield a hammer and a bit of creativity. Think of it as your very own HGTV special, just without the cameras (unless you bring your own).
Featuring a desirable split floor plan, this house offers spacious rooms and a layout that promises potential. The large backyard could be transformed into an oasis, ideal for those who enjoy a bit of outdoor living. The home boasts a very large Florida room at the back, perfect for an additional living area, home office, or a spot to ponder your renovation choices. The expansive screened-in lanai offers a versatile space for entertaining or simply relaxing without the hassle of bugs. It's like camping, but with fewer mosquitoes and more comfort.
Located in an active 55 and over community, residents enjoy access to a clubhouse and pool, perfect for socializing and staying active. Plus, it’s conveniently located near Lake Tarpon and John Chestnut Park, providing ample opportunities for outdoor recreation and serene nature walks. Just imagine the look on your friends' faces when you tell them you live near a lake and a park—fancy, right?
Embrace the challenge and reap the rewards. With a bit of elbow grease and a fresh perspective, 834 Anchorage Lane could be the next star in your investment portfolio. Don’t miss out on this diamond in the rough—schedule your showing today and start planning the transformation! And who knows, maybe you’ll even find some retro treasures in the process.
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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 | $273,200 | $273,200 | $273,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $386 | $386 | $386 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,795 | $1,816 | $2,304 |
Total Monthly Payment | $2,256 | $2,277 | $2,765 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.