GREAT OPPORTUNITY TO OWN A HISTORIC PROPERTY IN ASTATULA THAT WAS ONCE THE SCHOOLHOUSE IN THE AREA, COMPLETE WITH A WORKING BELL TOWER! ADDITIONAL LIVING AREA WHICH WAS ONCE THE SCHOOLROOM HAS REAL WOOD FLOORING AND A HUGE REMODELED ATTIC THAT CAN BE EXTRA LIVING QUARTERS WITH FINISHING TOUCHES. LARGE SCREENED PATIO LEADS TO THE LIVING AREA THAT WAS ONCE THE SCHOOL CAFETERIA AND OFFICE AND NOW HAS BEEN CONVERTED TO THE KITCHEN, LIVING ROOM, BEDROOM AND BATHROOM. WORKING FIREPLACE IN THE LIVING ROOM. MIRRORRED CLOSET DOORS. PROPERTY IS SURROUNDED BY AN OVERSIZED LOT OF ALMOST 2/3 OF AN ACRE COMPLETE WITH FRUIT TREES AND SPRINKLERS THROUGHOUT. HEDGES COMPLETELY CIRCLE THE ENTIRE PROPERTY. LARGE PAVED DRIVEWAY. OUTSIDE THERE IS A BUILDING THAT WAS ONCE A BATHROOM AND SHOWER FOR THE SCHOOLCHILDREN. PROPERTY CAN EASILY BE CONVERTED TO MUNICIPAL WATER AND SEWER. MUST SEE TO APPRECIATE THIS INTERESTING PROPERTY AND THE SIZE OF THE GROUNDS. EASY TO SHOW. PLEASE CALL, TEXT, OR EMAIL DENNIS TO ARRANGE SHOWINGS OR FOR ANY ADDITIONAL INFORMATION. USE SHOWING TIME FOR ACCESS.
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Our Executive Mortgage Banker:
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$395,500
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 | $316,400 | $316,400 | $316,400 |
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 | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $90 | $90 | $90 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,079 | $2,103 | $2,668 |
Total Monthly Payment | $2,244 | $2,268 | $2,833 |
* 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.