Investor Special: 5 Bedroom, 3 Bathroom Home on 4 Acres with Pool! Opportunity awaits with this spacious 5-bedroom, 3-bathroom home on 4 acres of land! Located in a peaceful, serene area close to the Manatee River, this property is a hidden gem. The home is still under construction, offering the chance to customize and complete it to your vision. Key features include: 5 Bedrooms and 3 Bathrooms providing ample space for family living - 4 Acres of Land, offering plenty of room for outdoor activities, gardening, or future expansions - Private Pool, perfect for relaxing in the Florida sun - A quiet, rural setting, yet just minutes from the convenience of I-75 and Sun City Center. Enjoy country living while remaining close to city amenities! This home is ideal for investors looking to renovate and capitalize on a prime location. With some work, this property will make for a beautiful retreat or rental opportunity. Don't miss out on this chance to own a piece of Ruskin's peaceful countryside, just a short drive from everything you need!
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$500,000
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 | $400,000 | $400,000 | $400,000 |
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 | $247 | $247 | $247 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,695 | $2,659 | $3,373 |
Total Monthly Payment | $3,034 | $2,998 | $3,712 |
* 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.