Under contract-accepting backup offers. VALUE-ADDED OPPORTUNITY WITH A LARGE ESTATE HOME: This 2, 236 square foot, 3-bedroom, 2. 5-bathroom home comes with a flex/bonus room and a 3-car garage. Situated in the Holly Hill Estates subdivision in the City of Davenport, FL, near Hwy. 27, this spacious home offers a great opportunity for a family or entrepreneur to increase its value with some TLC, resulting in significant equity build-up. The property is located near the entrance of the subdivision for “quick in and out”. Tremendous potential for interior cosmetic enhancements as well as improvements to the pool and atrium at the rear of the estate home. The home boasts large bedrooms, a formal dining room, and a bonus flex room that can serve as a den, office, or fourth bedroom. Additionally, the large kitchen area with an island serves as a beautiful focal point for entertainment in this great Central Florida home. The beautiful Holly Hill Estates subdivision is well maintained, featuring lovely landscaping throughout and excellent curb appeal, ensuring property appreciation for years to come. Conveniently located near all commercial and retail conveniences and great schools. This property is also close to I-4 and all Disney attractions. There are no lease restrictions. Call today to transform this amazing potential into your family's forever home. This ideal Central Florida location puts you halfway or one hour of driving time to the Atlantic beaches to the east and the Gulf of Mexico to the West. Buyer's & agents to confirm room measurements. Please provide buyers pre-qualification letter with offers.
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Our Executive Mortgage Banker:
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$334,900
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 | $267,920 | $267,920 | $267,920 |
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 | $338 | $338 | $338 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,782 | $1,781 | $2,297 |
Total Monthly Payment | $2,195 | $2,194 | $2,710 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.