Handyman Special – $80K Below Market Value! This 4-bedroom, 2-bath block home is a fantastic investment opportunity, ready for you to customize to your taste. With a newer roof (2022) and AC (2011), plus the benefit of no HOA, this property is perfectly located near Metro West, Downtown Orlando, major roadways, shopping, dining, and entertainment. The home features a spacious layout with a large living room, family room, and dining area. All bedrooms have tile flooring, and the kitchen offers plenty of space for your vision. The patio is perfect for barbecues and family gatherings, while the partially fenced backyard provides ample space for storage or outdoor activities. The primary bedroom includes a walk-in closet and private bath, complemented by three additional bedrooms and a second full bath. Gutters are installed throughout the home for added convenience. Situated in a fantastic location, this home is within walking distance of Poppy Park, which offers basketball courts, playgrounds, cabanas, and large green spaces. The nearby Southwest Trail provides easy access to biking and waking paths. You’ll also enjoy close proximity to Universal Studios, Valencia College West Campus, Eagle Nest Park, Millenia Mall, and much more. Don’t miss the opportunity to make this home your own and build equity in a highly desirable area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$235,000
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 | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $307 | $307 | $307 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,251 | $1,251 | $1,599 |
Total Monthly Payment | $1,633 | $1,633 | $1,981 |
* 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.