SOLD AS IS - Desirable over 0. 5 acre corner lot. This is a 3 bedroom/2 bath home with large living area, quaint front enclosed porch, rear screened porch, kitchen with eat-in nook. Has large carport. Lot size is 0. 6 acres. Close to Lake Alfred’s downtown redevelopment, 1 mile from Central Park. Zoning: C-1 - Use: Neighborhood center, retail, restaurant with ample space for customization and expansion. Ideal residential and adjacent building suitable to create a business venture. Surrounded by a vibrant community and thriving businesses. Don’t miss out on the opportunity ensure you can take advantage of what this dynamic location has to offer. Plenty of parking spaces. This building is not for lease. Home needs TLC; adjacent Building 2 is fixer-upper, can be tailored to your liking. Information deemed reliable but not guaranteed. Parties are advised to verify. the property is across the street from Lake Rochelle Boat Ramp. Contact us today to unlock the possibilities!
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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 | $219,920 | $219,920 | $219,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,463 | $1,462 | $1,886 |
Total Monthly Payment | $1,538 | $1,537 | $1,961 |
* 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.