PRICE IMPROVEMENT - Family compound, room for the entire family. Privacy, peace and quiet. This 1. 7 acre Property is completely fenced in. Maybe live in one home and rent the rest. your choice. Main house with 3 bedrooms 1 baths, Studio (In-Law suite) 400sq. ft. Two story duplex each unit 1 bedroom 1 bath 400sq. ft. (second floor. 500sq. ft first floor). There is a total of "6" bedrooms and 4 bedrooms (including the Studio) ALL units are completely furnished. "MOST" furnishings will remain. "3" Storage rooms. Garden area, playground, sit and relax in many areas. Chicken coop with "4" egg laying chickens. Mature and producing grape vines. Close to Mt. Dora 20 minutes and The Villages (30 minutes. ) away), with all they has to offer. There is a horse ranch for riding is across the street. Alexandre Springs is great for swimming and camping is just 30 minutes away. Orlando or beaches are less than 1 hr. Most of your shopping needs are within a 5 to 20 range. All schools are within a 3 mile or less radius. In Law suite and Duplex have shared septic. Main house has separate septic. All units have separate electric. Garden has watering system in place along the perimeter. There is a high performance whole house water filter system that has a bypass for easy filter change or if there isn't a need for use. System has the capacity to serve all units. Area projects already underway so far are North Lake Trail and a new development featuring a subdivision and commercial area 2 miles down the road. This property has so much to offer. This could be your dream come true. A must see. MOST FURNITURE IS INCLUDED. Bring your tooth brush and move in. This is truly a MUST SEE.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,000
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 | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.042% | 6.276% |
Monthly Tax Payment | $121 | $121 | $121 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,959 | $2,885 | $3,704 |
Total Monthly Payment | $3,172 | $3,098 | $3,917 |
* 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.