Investor Alert! This is a PRIME LOCATION with almost a 1/2 acre of land! This 1-bedroom, 1-bath mobile home is calling your name! Nestled on an oversized lot, this fixer-upper offers a unique opportunity for anyone looking to create something special. With the big stuff already handled—brand new electrical box and pole, city sewage lines, and water hookups—you can focus on bringing this cozy space back to life. Located just off El Jobean, you’re in a quiet community with the best of both worlds: peaceful living but still close to the action. Love the water? A boat ramp is only minutes away, perfect for weekend fishing trips or sunset cruises. Plus, you’re close to a local favorite—a fantastic hibachi restaurant where you can treat yourself after a day of hard work on your new property. This oversized lot gives you plenty of room to expand your vision, whether that’s enhancing the current mobile home or building something new. And with the electrical and plumbing already in place, the groundwork is laid for whatever you decide to do. Turn this diamond in the rough into your dream getaway, or seize the chance to make it a savvy investment property in this up-and-coming area. The possibilities are endless, and this prime location means you’ll never be too far from the beach, local shops, and restaurants. You won’t want to let this opportunity slip through your fingers! Ready to make your mark? Act now before someone else scoops up this deal!
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William Raveis Real Estate
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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 | $55,920 | $55,920 | $55,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $141 | $141 | $141 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $372 | $372 | $472 |
Total Monthly Payment | $588 | $588 | $688 |
* 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.