Incredible opportunity for prime development with 714 ft of US Highway 92 road frontage. Property is located 2 min from the exit off I-4/Mcintosh Rd. Located between Independence Academy School and a Landscape Maintenance professionals. Property is OWNER OCCUPIED. Please DO NOT pull into drive way. Home sits about 300 ft from US 92. There are also two occupied mobile homes on the property that may or may not convey with the property. There are two other structures on the property. One building is a workshop/storage. Its contents may or may not convey with the property. There is also a block structure where the pump/well is located. The RV and RV structure do not convey with the property. The boat and boat trailer may or may not convey with the property. Value of property is proximity to Mcintosh exit (within 2 minutes) and amount of road frontage on Highway 92. The rear of the property is adjacent to Strawberry Crest High School and Baily Elementary School. There are 3 septic tanks on the property. Listing agent MUST ATTEND all showings by appointment only. The property is fenced with some livestock in the rear which do not convey with the property.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,758,400 | $1,758,400 | $1,758,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,405 | $10,827 | $15,560 |
Total Monthly Payment | $11,530 | $10,952 | $15,685 |
* 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.