Seize this great opportunity to invest in your future today! Two parcels with a mobile home on each - all for one affordable price! This setup offers a variety of possibilities for savvy investors or homeowners looking for additional income. Live in one and rent the other out - think of it as house-hacking without having to share your living space with someone! Alternatively, you could consider renting out both homes for a solid investment opportunity. 216 Kaylor Dr is a 1979 single wide mobile home with bump outs for added space 806 sq ft. It features two bedrooms and 1 bath with a spacious walk-in shower that has two shower heads! There is a bonus room off the kitchen that could be used as an office, bedroom, or playroom. This home has a newer mini split ac unit. Tastefully updated with modern rustic finishes in the kitchen, bathroom and flooring. Enjoy your spacious screened in porch area - big enough for plenty of seating and entertaining. Towards the back of the porch is the utility area complete with stainless steel sink and washer/dryer hookups. Need extra space for your tools? No worries! There is a detached garage for parking and storage options. 214 Kaylor Dr is a 1968 single wide mobile home with 3 bedrooms and 1 bathroom - 672 sq ft, central air, screened porch with washer dryer hookups. Both lots are fenced with chain link and have lovely, mature landscaping. ***OWNER IS SELLING 216 KAYLOR DR - (PARCEL 25-28-12-339210-000080) AND 214 KAYLOR DR - (PARCEL 25-28-12-339210-000092) TOGETHER - BOTH PARCELS SHARE ONE SEPTIC SYSTEM THAT IS LOCATED ON 216 KAYLOR DR. LOT ***Buyer to verify square footage***
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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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $65 | $65 | $65 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $931 | $920 | $1,181 |
Total Monthly Payment | $1,070 | $1,059 | $1,320 |
* 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.