One or more photo(s) has been virtually staged. Charming Fixer-Upper on Expansive 0. 81-Acre Lot and walking distance to Little Lake Weir's Willoughby Park in Marion County!
This home is full of potential and ready for it's new homeowner to bring it back to life. Nestled on a generous 0. 81-acre lot, this property offers the perfect canvas for those looking to create their dream home. Sold AS-IS, this property offers a unique chance to customize every detail to your taste. Great investment potential for a fixer-upper or custom dream home.
Key features include: Spacious rooms, vaulted ceilings, plenty of natural light, with a skylight in the large primary bathroom.
Open yard with mature landscaping, ideal for expansion, plus exclusive access to the nearby lake for the Homeowners of Edgewater Estates. This quiet, established, hurricane-strong neighborhood includes paved roads, easy access to local amenities, plus no HOA.
This is your chance to own a beautiful piece of land with privacy and space, while customizing the home to your exact tastes. With plenty of land for outdoor living, gardening, or even future expansions, the possibilities are endless. The house itself requires renovations, making it an ideal opportunity for investors, DIY enthusiasts, or anyone looking for a project. Don't miss this unique ~ Builder Special ~ opportunity!
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Our Executive Mortgage Banker:
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$275,000
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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $347 | $347 | $347 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,482 | $1,462 | $1,855 |
Total Monthly Payment | $1,904 | $1,884 | $2,277 |
* 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.