Incredible opportunity with this property situated on a true 100x135 double lot! East side of home has two bedrooms/ two baths with a huge kitchen, formal living and dining, plus a family room with a one car garage! West side has one bedroom/ one bath, another big kitchen, and a living room with a separate entrance and carport! This home can serve as multi generational, multi family, single family, or live in one side, rent out the other! Or the huge lot could be cleared to make way for a dreamy beach home! The possibilities are many, with a large fenced parcel! No HOA means no rules and rental potential is massive, since the property is in the highly desirable 600 block on the south end of Naples Park! Recently replaced roof adds to the value. So much potential in this property to mold into your own vision!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,090,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $872,000 | $872,000 | $872,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $191 | $191 | $191 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,656 | $5,584 | $7,716 |
Total Monthly Payment | $5,972 | $5,900 | $8,032 |
* 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.