Multiple Offers!! Highest & Best is due on 11/11/24 by 12pm. See Multiple Offer form under attachments, submit with your offer - This property needs major renovations or possibly be torn down, ( selling at land value ) CANAL FRONT, POOL HOME - Opportunity is knocking! Calling all investors, here is your chance to purchase a great investment. Whether you decide to fix and flip or live in this home personally, you have the choice! This property has 89 feet of canal frontage. Here you are centrally located close to everything that North Port has to offer. Right across the street is the LaBrea Park, you are 8 minutes to the CocoPlum Village Shops where there is a Publix, Old Navy, Hobby Lobby and more and less than 10 minutes to the wonderful Wellen Park that offers dining and entertainment. There is also a brand new Costco about the same distance. Beautiful Manasota Key Beach is less than 25 minutes away. If you travel out of town for work, you are only 15 minutes to I-75 by way of Sumter Blvd. Bring your buddies and transform this place back into the cozy home that it was meant to be. Go take a look at this one today, before it's gone!
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William Raveis Real Estate
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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 | $47,920 | $47,920 | $47,920 |
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 | $148 | $148 | $148 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $319 | $318 | $411 |
Total Monthly Payment | $542 | $541 | $634 |
* 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.