Check out this move-in ready Seminole Heights 2 bed 1 bath house with a 1 bed 1 bath in-law apartment on a corner lot! NOT IN A FLOOD ZONE. SEPARATE WATER AND ELECTRIC METERS. MOVE-IN READY! Perfect for home-owners who want to rent the second space to help pay down the mortgage. Great for investors who want a buy and hold income producing property. Smart for those who have been misplaced due to hurricane damage, and need somewhere to live while rebuilding, then can keep the property afterward for passive income. This house was remodeled within the last few years. The bathrooms are fully updated with beautiful tile choices. Kitchen cabinets and countertops are upgraded and both have stainless steel appliances. The main house on this property has a front bonus room that can be used as a THIRD bedroom, office, etc. There is also a nice large entry way that can be utilized in a multitude of ways. Both the front house and the back in-law building have separated off-street parking on concrete driveways along with separated yards, which are both fully fenced, and separate laundry! LOTS of new-build construction in the surrounding area. Conveniently located to I-275 and downtown. Easy to show, schedule your viewing today!
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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 | $319,920 | $319,920 | $319,920 |
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 | $265 | $265 | $265 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,210 | $2,155 | $2,721 |
Total Monthly Payment | $2,550 | $2,495 | $3,061 |
* 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.