Welcome to this multi-million dollar neighborhood, several new over $2 million properties, calling all buyers, and builders. Take advantage of this opportunity and get this great size home. No HOA, NO CDD, corner lot, the property is a single family residence, however the house was split with a wall to make it as a duplex, and it has two kitchens, each side side of the property has 2 beds/1 bath, kitchen and living space. You can live on one side and rent the other side, or simply you can remove the wall and combine at, or you can put a $2 million plus building here. This beautiful house is situated in the Southside district, just 10 minutes from the beaches. The property features a spacious driveway, an almost-garage carport, and storage sheds. This property has some significant renovations, including an updated bathroom, expanded driveway and patio, half of the windows replaced, a new cherry wood kitchen, fresh paint inside and out, partial tile flooring, and new vinyl grey floors. The property also features updated electric, a 2018 A/C unit, insulation, and low power bills. The yard is fully fenced, with patios, aluminum shutters, and terrazzo flooring redone. Additional amenities include a dishwasher, ceiling fans, city water/sewer services. The home is located on a corner lot, close to Arlington's dog park, hospital, and other conveniences such as jobs, public transportation, restaurants, and downtown. It is in a top-rated elementary school district and offers a quiet setting with easy access to parks, and more. Call me today to set your appointment!
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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 | $437,600 | $437,600 | $437,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $194 | $194 | $194 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,659 | $2,659 | $3,458 |
Total Monthly Payment | $2,945 | $2,945 | $3,744 |
* 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.