Welcome to this charming 3-bedroom, 2-bath ranch-style home, nested right in the center of Fruitland Park. This one-level gem offers an ideal layout for families, or anyone seeking easy, low-maintenance living. A gated driveway with ample accommodation for two vehicles leads to a detached two car garage w/ a workshop that is available for its original purpose or for conversion. The exterior and interior have been repaired and repainted, the home was rewired within the last four years, both the home and the detached garage had a newer metal roof, and a new drain field just recently installed, brand new water heater tank and updated all electric. This beautiful large lot home currently is tenants occupied. The annual lease will be expired by May 2025. With the great tenant and additional garage rent out, this low maintenance single family is great opportunity for investors and first time home buyer. Call and schedule for a showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,900
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 | $240,720 | $240,720 | $240,720 |
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 | $144 | $144 | $144 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,602 | $1,600 | $2,064 |
Total Monthly Payment | $1,821 | $1,819 | $2,283 |
* 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.