Want to live near it all and away from it all? This is the quiet country setting within minutes to all the shops and entertainment of downtown Delray Beach you have been waiting for. The main house is a 3 bed/1bath with a Pool. The guest house is a large separately metered 1/1 that makes a perfect office, mother-in-law suite, studio, or income producing unit. No HOA. Located close to a local equestrian farm, perfect place to take your horse to ride. Property is zoned agricultural residential. THIS IS THE PRICE FOR TWO PROPERTIES. The other is listed as MLS# RX-11010167 The combined properties are over half an acre and plenty of space to build your dreams and store all of your toys. A third lot is available RX-11011187 which would bring total area to close to an acre.
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Our Executive Mortgage Banker:
Our Insurance Division:
$915,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $732,000 | $732,000 | $732,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $185 | $185 | $185 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,687 | $4,687 | $6,427 |
Total Monthly Payment | $4,964 | $4,964 | $6,704 |
* 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.