Discover this hidden opportunity nestled in a tranquil nature preserve, offering the perfect blend of serenity and convenience. This spacious 4-bedroom, 3-bath home with a pool sits on a 0. 47 acre lot, boasting picturesque views of a nature preserve and pond. With its assumable VA loan, this property presents an exceptional opportunity for homebuyers and savvy investors alike. Step into a world of leisure and recreation with access to a sports complex, racquetball and tennis courts for an active lifestyle, and golf club membership opportunities. The home is situated in a highly sought-after school district and close to shopping centers. While this property needs some TLC, it presents an incredible opportunity to create your dream home. With its solid bones and fantastic location, the potential for transformation is limitless. Don't miss this chance to own a piece of paradise and build instant equity! Seize this rare investment opportunity today and unlock the full potential of this exceptional property! To take advantage of this opportunity, you may want to consider an FHA 203(k) or a homestyle renovation loan program. Call us for more information.
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Our Executive Mortgage Banker:
Our Insurance Division:
$370,000
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 | $296,000 | $296,000 | $296,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $327 | $327 | $327 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,994 | $1,967 | $2,496 |
Total Monthly Payment | $2,396 | $2,369 | $2,898 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.