Beautiful house in the heart of Miami. Recently remodeled, with large living room, modern open kitchen, 2 spacious bedrooms and 2 bathrooms, ample closet space in the rooms with an additional store outside, Washer and dryer indoors, set on a very large lot at the end of a cul-de-sac with ample parking for guests, quiet and secure, with exceptionally large backyard blessed with fruits trees, Avocado, Coconut, Mangoes, Guavas, Banana, Lemon etc. Centrally Situated right adjacent to Douglas Park, less than 5 minutes from Miracle Mile, Shops at Merric Park Coral Gables, Trader Joe's, Milam’s, and Home Depot. Excellent connection , 3min to Douglas Road Metro Station and the underline bike path, 12 minutes from the Airport, and 14 minutes to Brickell. Available December 15. Easy to show.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,700
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 | $2,960 | $2,960 | $2,960 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $20 | $20 | $25 |
Total Monthly Payment | $95 | $95 | $100 |
* 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.