Priced under failr market value! This intown acreage home sits on 1. 17 acres equipped with an underground pool, storage
building/multi purpose room that has water/electric and can easily be converted into an efficiency along with a 800sqft shop that has 2 bay doors, electric and air compressor The main house is 3 bedrooms plus a den, oversized dining area, the kitchen is perfect for entertaining. Offering custom cabinets, granite countertops with lots of space, built in desk, stainless steel appliances, Jennair double wall oven, Dacor flat top stove, new backsplash and pass through window into the den. Some features are espresso wood floors , zebra style white blinds, 5in baseboards, New paint, chandelier fan lights in living area. dining and master bedroom. The den can easily be converted into a 4th bedroom and still have room for an office. The master suite has a custom walk in closet with espresso wood shelving, big masterbathroom with dual sinks, stand up shower with 2 shower heads, new trim kit and very spacious. Off the den you walk into the indoor /outdoor living space that has 2 ceiling fans and perfect area to put up a flat screen and watch the game while throwing dinner on the grill. The oversized pool just had the coping tiles replaced along with new paint inside pool and on pool deck. When it's all said and done there's still just enough trees and space left to build a guest home, create nature trails, build gardens and make this property yours! This property is perfect for am investor or primary residence. Potentially bringing in roughly $8k annually a month. The shop rents for $3000+ a month, the house rents for $4, 000+, and the efficiency if built out $1, 000 a month. Airbnb similar homes rent for $160k+ a year. With City Gate just minutes away offering Paradise Sports complex, Great wolf Lodge due to be completed fall of 2024, new industrial offices and space to rent, the opportunities are waiting.
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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 | $540,000 | $540,000 | $540,000 |
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 | $308 | $308 | $308 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,554 |
Total Monthly Payment | $3,993 | $3,989 | $4,954 |
* 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.