VERY MOTIVATED SELLERS BRING YOUR OFFER If you see it . . . you buy it! No other like this in the market ! The home is currently split in half to produce more income. Rear unit is set up as an Airbnb. This beautiful home is located highly desirable neighborhood with a beautifully landscaped front yard. Home was recently renovated and is move in ready. Garage converted into bedroom. Hurricane impact windows on most of the home as well as panel shutters. Spacious backyard that is perfect for entertaining. Minutes from Coconut Grove Metrorail Station with a huge new shopping development (Target, Sprouts Farmers Market and Total Wine) that is set to be completed later this year. Prime, central location near Coconut Grove, Coral Gables, Brickell, major highways and great public schools!
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Our Executive Mortgage Banker:
Our Insurance Division:
$879,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $703,920 | $703,920 | $703,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $956 | $956 | $956 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,566 | $4,566 | $6,229 |
Total Monthly Payment | $5,614 | $5,614 | $7,277 |
* 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.