Sarasota ~ Arlington Park Neighborhood ~ Arlington City Park Complex ~ City of Sarasota ~ NO STORM DAMAGE ~ NEW ROOF ~ UPDATED ELECTRIC ~ UPDATED A/C ~ WEEKLY RENTAL ZONING ~ TENANT IN PLACE $2, 150. 00 MONTHLY (11 MONTHS REMAINING): If you are looking to secure your new “starter” home within the City of Sarasota look no further. This “well cared for” two bedroom / one bath updated home & property boasts many features and benefits to include but not limited to: block construction, beautifully kept terrazzo floors throughout, an updated kitchen, inside laundry, large covered & screened back patio, open front patio, higher ceilings, good size bedrooms, newer a/c and water heater, a “Florida Room” that is also under air – your choice depending on weather, an open living plan, a beautifully landscaped lot with mature trees and plantings and much much more. A very central location allowing access to unlimited city / county amenities: beaches / hospitals / schools / shopping / parks, the list continues. The very popular Arlington Park Sports Complex and Park is only two blocks away. Incredibly convenient; this park supports all your outdoor activities: swimming, basketball, tennis, outdoor training equipment and lake. Now the bonus, this same neighborhood is very busy with redevelopment you can view for yourself on the adjoining streets. As your living needs / requirements change this is another option. A must-see property, look forward to your visit, easy to show!
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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 | $14 | $14 | $14 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $3,294 | $3,291 | $4,215 |
* 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.