Attention Investors or Snowbirds! This great little home will make a wonderful winter retreat or perfect rental. NO HOA! Located on a corner lot just down the street from the boat ramp to beautiful Trout Lake on the Alligator Chain of Lakes. Plenty of room to park your car and boat. The large screened porch is the perfect place to enjoy the outdoors and has plenty of room to entertain or just relax. It also features a full bathroom and a connected laundry/storage area. Step inside this cozy home which has a living room with ceiling fan and new mini-split AC, dining area and a full kitchen complete with breakfast bar with custom wine rack and storage. The primary bedroom has a large closet which connects to the full bathroom. There is a large detached single garage/workshop with a 120 sf efficiency conversion with it's own entrance that would make an awesome office, man cave or possibly even a separate rental. The garage has a large roll up door and has lots of room to store your yard equipment, toys and more. CASH ONLY due to the age of this home, make your appointment to see it today!
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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 | $118,400 | $118,400 | $118,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $75 | $75 | $75 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $778 | $787 | $998 |
Total Monthly Payment | $927 | $936 | $1,147 |
* 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.