This home is a beautiful historic Spanish bungalow nestled into the heart of Orlando's Colonial Town South District. This location cannot be better: sidewalks, treelined streets, and just a bike ride away from Little Viet Nam, the Milk District, and tons of shopping and restaurants. The property is well appointed, with an office/storage house in the backyard and a separate shed behind it. Central air and heat, ceiling fans in all the main rooms, a living room with a wood-burning fireplace, a separate dining room, large, roomy bedrooms, a kitchen with laundry and a huge fenced-in backyard, a long driveway on the side of the home with double gates to the backyard, and of course the quintessential cute front porch for lazy afternoons. Plumbing supply lines, electrical hot water heater, and newer HVAC have all been updated and routinely serviced, as well as the roof was resurfaced, and a preventative Termidor pest treatment around the perimeter of the house was also performed. This property will not last very long on the market, so call soon to see it for yourself!!! Tenants must obtain renters insurance. The tenant must have a credit score of 650 and above.
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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 | $2,200 | $2,200 | $2,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $14 | $18 |
Total Monthly Payment | $89 | $89 | $93 |
* 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.