Saddle up your horses and head out of the city to your own 5 acre mini ranch. This rectangle shaped lot measures slightly over 5 acres. The street is paved located off Hwy 98 in Frostproof. The property is fenced with a chain link styled double gate. The owners are having brand new porcelain tile laid throughout the house. You will see the difference in person. There is a split bedroom plan. Large bonus room could easily be considered a bedroom using the two armoire closets the seller is leaving in addition to the central air and heat vents already in use in there. It flows nicely into the spacious laundry room. New hot water heater, nice sized set of storage shelves, washer and dryer and second refrigerator, (does not convey). The house has a welcoming open concept with an open floor plan with those rooms. The kitchen has a built in island, central location with a door leading to sizable back-deck patio. I envision you sitting down at dusk watching the sunset directly behind your tree line. There is a sizeable pantry closet, and two different linen closets. Each bathroom is equipped with tiled showers. Primary bedroom has a walk in closet and the two guest rooms have typical closet sizes.
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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 | $304,000 | $304,000 | $304,000 |
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 | $212 | $212 | $212 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,997 | $2,020 | $2,564 |
Total Monthly Payment | $2,284 | $2,307 | $2,851 |
* 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.