Seller is very motivated! Situated on 2. 37 acres in the Southeastern region of Ocala, this property is a unique option for those looking for an accessible multi-generational option. Peaceful and private, this property is neighbored by Legendary Trails and The Country Club of Ocala, with trees along two of the four sides for added privacy. Perimeter fenced and gated, the property offers a total of two residences– a 1, 700+ sqft stucco home that totals 3-beds and 2-baths plus a large enclosed sunroom, and a separate 3-bedroom, 2-bath 2008 manufactured home with open floor plan spanning over 1, 600 sqft. Both residences feature brand new roofs and are wheelchair accessible, and the stucco home also features brand new windows. A one-acre paddock with auto waterer is established on the property, a perfect option for smaller livestock or a horse if desired. A workshop with electricity is in place, providing additional options for those with a more hands-on hobby to enjoy a private space while working on projects. A carport and additional shed are also established on property, and there’s ample potential for additional electric to be hooked up to the shed if additional space is desired by the future owner. This property has ample opportunity for those looking for an income producing opportunity, with the option to live in one home while renting out the other long term or seasonally. Alternatively, this property is also perfectly suited for those looking for a multi-generational option, with the possibility of living in one home while having a loved one close by in the other home. Less than a mile away is the Santos Trailhead and the Cross Florida Greenway Trails, opening up a variety of options for trail riding, mountain biking, hiking, and walking. The Florida Horse Park is conveniently close by for those looking to spectate or even compete in horse shows, with additional venues such as WEC and HITS within Ocala a scenic drive away for additional options. A variety of shopping, dining, medical, and entertainment options are available just a short drive away in either Ocala or The Villages!
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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 | $476,000 | $476,000 | $476,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $282 | $282 | $282 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,167 | $3,164 | $4,014 |
Total Monthly Payment | $3,541 | $3,538 | $4,388 |
* 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.