Investor Special! Step right up and feast your eyes on the opportunity of a lifetime! This waterfront-adjacent block home (if by “adjacent” you mean it had a touch of flooding) is a real fixer-upper’s dream—or maybe a bit of a fever dream, but that’s where you come in!
She’s got character, she’s got potential, and, okay, she’s got some water damage too, but let’s not nitpick. This little number is conveniently located right off US 19, where you’re practically a stone’s throw from Eagle Point Park—a perfect spot to unwind after you’ve put in a hard day’s work transforming this place from ‘flood-washed’ to ‘flipping fabulous. ’ The park has it all: fishing, kayaking, a playground for the kids (or, let’s be honest, the investors who really need a break), and a pet-friendly vibe so your dog can witness your masterpiece.
This property is basically the ultimate blank slate! Think of it like one of those “before” photos on a home renovation show… except the “after” is entirely up to you. Bring your toolbox, your imagination, and maybe a dehumidifier or two because this house is just dripping with potential (literally).
Cash buyers, flippers, DIY daredevils—this house is calling your name. Don’t miss out on your chance to turn “What the heck happened here?” into “Wow, would you look at that ROI!” Schedule your tour now before this opportunity washes away!
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William Raveis Real Estate
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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 | $52,000 | $52,000 | $52,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $42 | $42 | $42 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $346 | $346 | $439 |
Total Monthly Payment | $463 | $463 | $556 |
* 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.