Wow, what a great opportunity to own a home with plenty of space for everyone, with no HOA or deed restrictions!!! Expansive property has 1. 6 acres and zoned for horses. This 3700 sq. ft. home has great potential to make your dreams come true. An IN-LAW SUITE IS ATTACHED with a separate entrance featuring: living area, two bedrooms, one full bathroom and kithenette space. Other uses could be a nonconforming rental or home business space. The main part of the home has three bedrooms with one finished bathroom and one unfinished bathroom. As you step into the home, the large Living room welcomes you! The Family room is very cozy with a Beautiful-Red Brick, wood-burning Fireplace!!! The kitchen has Granite counters with breakfast bar and large pantry. The dining area is adjacent to kitchen with a Bay window and Decorative Fireplace feature. There is a large Bonus room with bathroom and French Doors that lead to the back Lanai. There is office space next to the family room with a door that also leads to the back Lanai. The over-sized, one car garage is very roomy with 666 sq. ft. !!Roof will need to be replaced so cash offers or FHA 203K/renovation type loans will be accepted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$560,000
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 | $448,000 | $448,000 | $448,000 |
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 | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,981 | $2,978 | $3,841 |
Total Monthly Payment | $3,354 | $3,351 | $4,214 |
* 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.