EXCITING, HISTORIC DISTRICT, FULLY RENOVATED 3 bedroom, 2 bath, 1, 350sf Bungalow and New Construction 2 bedroom, 2 bath, 1, 171sf ADU. Two detached residences with separate addresses, electrical meters, and kitchens providing proximity and privacy. Perfect for multi-generational living, investment rental, live on-site short term rental, or live/work opportunity. Bungalow rented in 2023 for $2, 900/mo. ***The bungalow is a beautiful blend of energy efficient upgrades, modern conveniences, and historic charm. Insulated, low-E windows, newer “to code” electrical, plumbing and air conditioning. Original wood floors with modern matte wax finish. Marble/travertine floors and shower/bath walls. High end, LG energy efficient and very quiet appliance package from LG’s pro line. Quartz counter tops. Upgraded distressed paint cabinets with quiet close door/drawers. Interior historic features of original type molding, glass door knobs, original French doors. Master walk-in closet. ***The ADU is new construction and leans toward a more modern look, and while substantially complete, is intentionally unfinished to allow the buyer to decide best use and level of final finishes. Insulated low-E, double hung windows. 10’ high ceilings. Level 5+ smooth drywall. ¾” limestone flooring. ¾” engineered wood flooring in herringbone pattern. 8’ high, 1 ¾” thick insulated interior doors. Custom handmade cabinetry. SubZero, Fisher Paykel appliances. ¾” Gypcrete and ¼” sound matt 2nd floor treatment for sound reduction and sturdier feel to floors. Generous insulated attic space. Gas tankless water heater. Gas service to structure. Prewired surround sound, exterior cameras and Cat 7 low voltage. Shielded full spectrum blocking 99%+ radio frequency (RF) radiation. House wired purposely to mitigate magnetic fields in living space. Poured solid concrete ceiling, floor and wall storage space for valuables. In the heart of downtown convenient to shopping, nightlife, and I-4 and 408. See the skyline from your front door. Safe and historic neighborhood. Driveway access is a recorded easement through 1601 Delaney Ave.
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Our Executive Mortgage Banker:
Our Insurance Division:
$867,950
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $694,360 | $694,360 | $694,360 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $289 | $289 | $289 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,504 | $4,446 | $6,096 |
Total Monthly Payment | $4,885 | $4,827 | $6,477 |
* 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.