Under contract-accepting backup offers. This property has many extras, starting with new storm windows and doors throughout this adorable three-bedroom, two-bath home. This could allow for significant savings for future buyers' homeowner insurance policies. It is in flood zone X, so the lenders require no flood insurance, providing even more savings. The roof was replaced in 2021. The new water heater was in 2023, and the AC was replaced seven years ago in 2017. This means it should easily qualify for an FHA or VA loan. Plus, there should be no substantial out-of-pocket expenditures necessary for future buyers for years to come. The utilities are all public, so there is no need to worry about the upkeep of any septic system or well. This home has a more spacious feel than is reflected in the square footage due to the open floor plan. The owners have renovated the third bedroom, creating a primary bedroom with an en-suite bathroom. It has no carpet, only ceramic tile; two of the three bedrooms have beautiful wood tile flooring and no popcorn ceilings. The indoor laundry room is conveniently located just off the kitchen, with a door leading out to the carport. Once outside, you will love the large, newly screened-in tiled lanai, perfect for sitting in the shade and watching the pets or family members playing in the generous fenced backyard. This home is centrally located, with plenty of nearby shopping and restaurants. Schedule your showing today; you will be happy you did.
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William Raveis Real Estate
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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 | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $178 | $178 | $178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,198 | $1,196 | $1,543 |
Total Monthly Payment | $1,451 | $1,449 | $1,796 |
* 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.