***Priced at Appraisal 380K*** Hidden Gem in the Heart of Orlando on a double lot!!! Just 7 minutes from downtown!
You have just discovered an incredibly rare find! A charming 3-bedroom pool home centered on a double lot with an in-law/rental/multi-gen living cottage in the back featuring its own separate yard and entrance. Currently rented at $900/month. Roof (2023). AC & Water Heater (2013). Termite Bond transferrable.
The detached fully equipped studio is currently rented month to month for $900 giving you instant income that can even be used to help you qualify for the purchase. It hosts a 6 year reliable tenant who can continue on with the new owners or can vacate so the new owners can use the space for whatever their family/life needs are.
You will be blown away by the incredibly spacious backyard oasis with an oversized pool perfect for relaxing and entertaining. Just a short drive to Disney, Universal, Downtown Orlando and the many Colleges in Central Florida.
Whether you are looking for a beautifully done primary residence with income potential, something to suit a multi-generational lifestyle, or a savvy investment opportunity. . . this home is the perfect choice. With only 2 long term owners during the life of this home it has been well taken care of and boads stunning design choices adding to its incredible character and charm.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $99 | $99 | $99 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,572 |
Total Monthly Payment | $2,170 | $2,168 | $2,746 |
* 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.