Welcome to an Exceptional Investment Opportunity in the Heart of Uptown St. Augustine! We are thrilled to present three beautifully updated, income-producing single-family homes, perfectly positioned in the highly sought-after Uptown district. These meticulously maintained properties have undergone significant renovations, making them a turnkey solution for seasoned investors or those looking to step into the lucrative rental market. Each home showcases comprehensive upgrades, including modern kitchens equipped with new appliances, stylish countertops, custom cabinetry, and sleek fixtures. The bathrooms have been elegantly redesigned with contemporary finishes for a fresh and inviting feel. Additionally, both the electrical and plumbing systems have been updated to meet current codes and standards, offering peace of mind and long-term reliability. With high-quality, durable flooring installed throughout, these homes boast a cohesive, modern aesthetic, allowing for a hassle-free investment with no additional improvements needed. Don't miss this rare opportunity to acquire three ready-to-go, income-generating properties in one of St. Augustine's most desirable neighborhoods. St. Augustine is the oldest city in the US with over 450 years of mind-blowing history! The oldest structure in St. Augustine is the Castillo de San Marcos, built by the Spanish to defend the city. There are so many historic buildings and attractions within the city of St. Augustine, not to mention it is home to the oldest wooden schoolhouse in the U. S. , built in the early 1700s, plus the World Golf Hall of Fame and so much more! Don't miss catching a horse and buggy ride around the city or a trolly tour of the Nights of Lights beginning November 23, 2024 - Jan 26, 2025! They even serve fresh cookies and hot cocoa! It's a must-do in St. Augustine! Walk to just about anything your heart desires such as ghost tours, historic tours, museums, restaurants, hop on hop off trolleys, sunset boat tours, lighthouse plus plus plus!! Don't miss out on this one, actually these three! All information obtained from the seller and tax roll and while deemed reliable, cannot be guaranteed.
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:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,176 | $1,176 | $1,176 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,783 | $10,536 |
Total Monthly Payment | $8,985 | $9,084 | $11,837 |
* 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.