Own a pice of Ocala's history with this charming 3-bedroom, 1. 5-bathroom home built in 1949 is located in the heart of one Ocala’s established neighborhoods, many homes in this neighborhood have been given new life. This cozy home is brimming with unique features, and boasts several modern updates, including a brand-new deck and French doors that perfectly blend indoor and outdoor living. Freshly painted inside and out, the home also features new vinyl plank flooring throughout, updated bathrooms, a new water heater, and new appliances. This home has plenty of windows to bring in ample natural light, enhancing the home’s cozy ambiance. Conveniently located near a park and just minutes from shopping, dining, and other essential amenities. For an added bonus you are located close to Downtown Ocala and hospitals. Approx 9 Miles to the World Equestrian Center Perfect for those looking for a move-in-ready property with a touch of vintage appeal! No HOA and no rental restrictions making this the perfect investment property for short term or long term rental!! Permanent residents are welcome too!!
The new owner cold be eligiable for a grant up to $20, 000 for the East Ocala Residential Property Improvement Area. Items included for consideration are exterior paint, window or door repair/replacement, landscaping, fencing, roofing and weatherization. For more information you can visit Ocalafl. gov
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$199,000
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 | $159,200 | $159,200 | $159,200 |
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 | $152 | $152 | $152 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,046 | $1,046 | $1,333 |
Total Monthly Payment | $1,273 | $1,273 | $1,560 |
* 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.