Calling all investors to this amazing opportunity on Dover Street- a wonderful family centric street in the attractive neighborhood of Shore Acres!! The house will be sold AS IS! This home was flooded by Hurricane Helene, but sustained no damage or flooding during Hurricane Milton, nor any other previous hurricanes/storms. The house has been remediated and is ready to renovate, lift, or rebuild. The house sits on a quarter acre of land with a large side yard. This is an open split floor plan with 4 bedrooms and 2 baths. There is a screened pool and outdoor space, great for entertaining. A spacious 2 car garage allows plenty of space for cars and recreational toys! The master bathroom and kitchen granite tops have been salvaged and are ready for a remodeling option. A new brick paver driveway was installed in 2021. CASH OFFERS ONLY – NO WHOLESALERS, ASSIGNABLE CONTRACTS, OR SUBJECT TO OFFERS.
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
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 | $566 | $566 | $566 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,087 |
Total Monthly Payment | $3,036 | $3,034 | $3,728 |
* 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.