Opportunity to own an income-generating home in East Pembroke Pines! This property features 3 oversized bedrooms, 2 newly remodeled bathrooms, and an updated kitchen with granite countertops and a large pantry (bespoke refrigerator and microwave not included in the sale). Enjoy new porcelain tile flooring throughout and a brand-new roof (2023). With two main entrances, the layout is ideal for rental potential. Situated on a corner lot, the 2-car garage offers the option to convert into additional living space or a guest house for extra income. No HOA, with ample space for a boat and RV. Conveniently located near major roads, between Miami and Fort Lauderdale Airports, close to the Turnpike, and just 8 miles from Hollywood Beach. Move-in or rent-ready!
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,000
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 | $471,200 | $471,200 | $471,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $704 | $704 | $704 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,254 | $3,175 | $4,008 |
Total Monthly Payment | $4,050 | $3,971 | $4,804 |
* 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.