BRAND NEW ROOF WILL BE INCLUDED WITH A FULL PRICE OFFER! This charming 3-BEDROOM, 1-BATH home offers COMFORT and OPPORTUNITY in the heart of Frostproof. As you enter, you are welcomed into a SPACIOUS living area perfect for RELAXING, movie nights, or hosting guests. The kitchen is conveniently located nearby, keeping you connected to the HEART OF THE HOME. Each bedroom is COZY and filled with NATURAL LIGHT, providing a PEACEFUL RETREAT. One of the STANDOUT FEATURES of this property is its LARGE LOT, which provides plenty of space for GARDENING, OUTDOOR ACTIVITIES, or enjoying the FLORIDA SUNSHINE. The property is big enough to be SPLIT, allowing the buyer to BUILD on the SECOND LOT. This presents a UNIQUE OPPORTUNITY for INVESTMENT, creating a GUEST HOUSE, or accommodating EXTENDED FAMILY. Situated in a QUIET NEIGHBORHOOD, this home embodies SMALL-TOWN CHARM while being CLOSE TO DOWNTOWN amenities, offering the perfect balance of COUNTRY LIVING with easy access to everything you need. Frostproof is known for its FRIENDLY COMMUNITY and BEAUTIFUL LAKES, making it an IDEAL PLACE TO CALL HOME. If you're looking for a home that offers COMFORT and GROWTH POTENTIAL, this property is a MUST-SEE. Don’t miss out on this FANTASTIC OPPORTUNITY!
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
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 | $156,000 | $156,000 | $156,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $200 | $200 | $200 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,038 | $1,025 | $1,316 |
Total Monthly Payment | $1,313 | $1,300 | $1,591 |
* 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.