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An incredible opportunity awaits the customer who can benefit from the attributes of this unique property. Located on a main thoroughfare adjacent to the city limits of both Eustis and Mt. Dora on SR 44, the property is well suited for a home business or a hobbyist with a lot of space needs. In addition to the single-family home, there are three additional "outbuildings" on this 1. 33-acre site. The Modular 3 bed/ 2 bath home is well designed with a split floor plan, vaulted ceilings, a large open kitchen, and a family room with a fireplace as well as a formal living room. This immaculate home is live-in ready. There is also a porch and deck in the rear. But the REAL benefit of this property is the outbuildings consisting of a 24'x'14' metal building with an overhead garage door and another 20'x 12' metal building. The largest building is the air-conditioned 60'x40' block garage with 3 sets of garage doors, high ceilings, and an indoor car lift. This terrific structure can accommodate 12 automobiles in addition to storage areas. Additionally, there is an expansive paved area abutting all of the outbuildings. The property is fenced and cross-fenced for a play area or pet run with garden beds. The outbuildings on this property are not just structures but versatile spaces waiting to be utilized to the new owners' desire. Whether one chooses to live in the home and rent out the outbuildings, or utilize the outbuildings themselves and lease out the home, this can surely be an excellent real estate investment.
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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 | $316,000 | $316,000 | $316,000 |
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 | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $492 | $492 | $492 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,102 | $2,100 | $2,709 |
Total Monthly Payment | $2,669 | $2,667 | $3,276 |
* 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.