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Fixer-upper with good bones and great potential, offers a unique opportunity to create your dream rural/equestrian retreat! Nestled under a canopy of oak trees, this 4-bedroom, 2-bathroom home is located on a quiet, high-and-dry 5-acre lot. The home features 2, 548 sf of open concept living with cathedral ceilings, skylights, and many upgrades from its heyday (and only one owner!). The spacious kitchen includes a chef's cooking island with a vented hood, a built-in oven and microwave stack, ample storage and counter areas, a large eat-in space, and a massive walk-in pantry. A formal dining room or office is situated right across from the kitchen could be utilized as an office or playroom. The split floor plan ensures privacy, with the super-sized primary bedroom/ensuite tucked away on one side of the home, while two spacious bedrooms and a guest bath make up a separate wing. A fourth bedroom off the main living area at the front of the house and could also serve as a study, den, or office. French doors from both the kitchen and master bedroom lead to the lanai and 19, 000 gallon pool/spa. And a separate laundry room and an attached 2-car garage round out the main house. The property also boasts a 36' x 36' horse barn with 5 stalls (12' x 12') featuring rubber matting, a tack room, hot/cold water, electricity, 6 ceiling fans, and an upgraded roof (2014, like main home). There is also a 22' x 52' pole barn divided into three 12' x 22' sections and one 16' x 22' section with a concrete pad, perfect for storing RVs, boats, or other heavy machinery. The property includes two fenced pasture areas—one to the right of the driveway and one extending from beside the home to the back by the horse barn—as well as a designated riding area. The entire 5 acres sit in flood zone X, and best of all, there is no HOA. Nearby you'll find several upscale homes and farms on similar parcels. This property is perfect for those seeking a rural lifestyle with plenty of space and amenities for both living and equestrian activities. With its potential and unique features, this home is a rare find in a tranquil, nature setting. Schedule a viewing and explore the possibilities!
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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 | $548,000 | $548,000 | $548,000 |
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 | 7.841% | 7.159% | 6.538% |
Monthly Tax Payment | $310 | $310 | $310 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,646 | $3,642 | $4,699 |
Total Monthly Payment | $4,048 | $4,044 | $5,101 |
* 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.