Seller offering $5, 000 toward buyer’s closing costs, with acceptable offer! Discover the charm of this centrally located CBS-built home featuring two private master suites, each with a separate entry and porch seating leading to the large back yard. —ideal for multi-generational living or rental income. Recent upgrades include a full electrical rewire (2022), a newer roof (2018), and stylish laminate flooring throughout. The remodeled kitchen boasts white cabinets, updated appliances, and a fresh, welcoming feel. The interior laundry room offers a convenient side-by-side washer and dryer.
Experience vibrant downtown Orlando living just moments away from Lake Eola, scenic parks, trendy restaurants, shopping, ORMC, the Kia Center, and the Dr. Phillips Center for the Performing Arts. This property is perfect for homeowners and investors alike, with its prime location appealing to long-term renters and the option for short-term rental income. Don’t miss this versatile opportunity for both comfort and investment potential!
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Our Executive Mortgage Banker:
Our Insurance Division:
$440,000
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 | $352,000 | $352,000 | $352,000 |
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 | $454 | $454 | $454 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,342 | $2,340 | $2,968 |
Total Monthly Payment | $2,871 | $2,869 | $3,497 |
* 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.