Best price and value in the area! POTENTIAL INCOME GENERATION! Great option to lease out the in-law suite for additional income while residing in the main area. First-time buyers, now is the time to own! You could qualify for a 2-1 rate buydown program: Reduce your interest! The cost of the payment reduction is paid by the lender so there is NO ADDED COST TO YOU! This spacious 3-bedroom, 2-bath concrete block home sits on a large corner lot (8, 123 square foot). It features an IN-LAW SUITE with its own kitchen, en-suite bath, and a separate entrance (endless possibilities!) You can rent it to start building wealth! The home has been recently renovated, featuring new laminate flooring throughout, wood kitchen cabinets, and fresh paint. Save money: CITY water and sewer! NO HOA or CDD fees. Huge storage space next to the laundry room *** LOCATION*** This home is in a growing area of North Port. Just 13 minutes from the world-renowned Wellen Park and championship golf courses. Kayak on the tranquil waters of Warm Mineral Springs Park, or head to the nearby Gulf beaches: pristine beaches like Boca Grande and Manasota Key are just a 30-minute drive away. Easy access to US-41, I-75, shopping, fine dining, and nearby attractions like Charlotte Park (Spring Training home of the Tampa Bay Rays) and Cool Today Park (Spring Training home for the Atlanta Braves). Plus, experience the thrills of a WATER PARK right in North Port! If you're looking for an affordable home in a great location, with the possibility of renting part of it, then add this one to your list and see it today! NO DAMAGE - NO FLOODING AFTER THE RECENT STORM! THIS IS A TRULY PERFECT LOCATION! Pictures of the in-law suite are available, please contact the listing agent!
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Our Executive Mortgage Banker:
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$250,000
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 | $200,000 | $200,000 | $200,000 |
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 | $262 | $262 | $262 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,329 | $1,687 |
Total Monthly Payment | $1,668 | $1,666 | $2,024 |
* 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.