Two separate homes on one lot: main house features 1, 780 sf, 3 Bed+Den, 2. 5 Bath and the guest house includes 1, 157 sf, 3 Bed, 1 Bath - a perfect opportunity for investors or those looking for a multi-generational living solution. Both homes have been completely remodeled and are fully furnished and turnkey, boasting an excellent track record with Airbnb, short-term, and long-term guests. Each home has its own private entrance, laundry room, modern kitchen w/ granite countertops & SS appliances. Both properties come with A/C units, updated water heaters, reprogrammable locks & separate utility meters for electricity & water. Outside, each home has its own private outdoor space complete with a BBQ area & just repaved driveway can accommodate up to 8 cars. Situated in a prime Delray
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,095,000
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 | $1,676,000 | $1,676,000 | $1,676,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $1,153 | $1,153 | $1,153 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,732 | $10,871 | $14,600 |
Total Monthly Payment | $12,010 | $12,149 | $15,878 |
* 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.