PRICE REDUCED!! Location, location, location! Sellers have a clean inspection report available for buyers review! Calling on investors or handyman buyers! 3 Spacious bedrooms with 3 full bathrooms, nearly 3, 000 sf of living space but under roof sf including workshop/greenhouse & carport about 5, 000 s/f! Possible in-law or separate space for multi-generational living. Home enjoys a very rustic family room with wood burning stone fireplace! Large living and dining room steps from large galley kitchen! Older appliances but they will convey with the home. Large interior laundry room and small office & indoor workshop! The sweet perks include a very large workshop (720 sf) steel building and a very unique greenhouse! Fantastic lot & great location off the beaten path in the charming area of Odessa. . . development in the surrounding area has homes upward of $1 Million. This property enjoys a very nice . 65/acre lot and affords lots of potential. This is an oldy but goodie with anyone that can envision the tweaks needed to bring this home to its original glory. Has a long lasting metal roof and a 2 car carport as well as 9, 000 watt portable generator wired to inside service & several circuits and all walls & rafters are metal stud except back office or storm room which is poured block and concrete ceiling! Well & Septic! Like an artist, the right buyer, can update this home for many years of enjoyment in the private rural community of Woods of Eden Rock!
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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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $245 | $245 | $245 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,496 | $2,526 | $3,205 |
Total Monthly Payment | $2,816 | $2,846 | $3,525 |
* 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.