Welcome to this unique opportunity to own and invest in a well-maintained, income-producing property in the heart of Orlando. This versatile split-level home offers the perfect blend of privacy and togetherness, making it ideal for large families or multi-generational living. The main house features a beautiful open-concept layout with 3 spacious bedrooms adorned with elegant porcelain floors. The kitchen boasts granite countertops and stainless steel appliances, perfect for culinary enthusiasts. Step out onto the upper-level deck at the rear of the home, where you can enjoy morning coffee or evening sunsets. Over 15 fruit trees and a herb garden. An attached in-law suite downstairs provides additional living space with its own separate entrance and full bath, currently used as a studio. This setup offers independent living for extended family or can be utilized for rental income. It can also accommodate a large and growing family. The property is fully fenced for privacy and includes a two-car garage, a beautifully maintained herb garden, and a variety of fruit trees, creating a serene outdoor retreat. With no HOA, this property presents an attractive investment opportunity. Conveniently located just 15 minutes from Universal Studios, 20 minutes from Orlando Airport, and 25 minutes from Disney, you’ll enjoy easy access to all that Central Florida has to offer. Make your appointment today and start building your next creative portfolio with this exceptional home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 | $380,000 | $380,000 | $380,000 |
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 | $428 | $428 | $428 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,258 |
Total Monthly Payment | $3,031 | $3,029 | $3,761 |
* 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.