1116 Wyatt, Clearwater, FL, 33756 | $1,900,000
The Wyatt Street package consists of 7 units on 4 adjacent properties with the addresses being 1116, 1118 , 1120 and 1128 Wyatt Street on 1. 171 acres more or less with 7 rental units of combined 7, 736 Sq. Ft. heated area and 319 Ft more or less combined street frontage. The yearly actual gross income is $166, 000 with actual annual net income of $130, 907 providing a great return. All tenants are on leases except 1116 that is on month to month. Property is located at border of City of Clearwater and City of Largo. Do not go on property or bother tenants.
The unit mix is as follows:
1116 has a single family home =1 unit
1118 has 2 single family homes=2 units
1120 has 1 single family home and a duplex with 2 units= 3 units
1128 has 1 single family home =1 unit
Total units are 7 rental units totaling 7, 736 heated SQ FT on 4 separate adjoining properties of a combined 1. 71 acres
Features
- Units: 7
- Lot Size: 371 x
- Year Built: 1969
- Heating: Electric
- Cooling: Central Air
- Approx Sq. Feet: 7,736
- Acreage: 1.97
- Lot Size: 371 x
- Est. Taxes: $14,146
- Lease Terms: 12 Months
- MLS#: U8210455
- Days on Market: 448 days
- Website: https://www.raveis.com
/prop/U8210455/1116wyatt_clearwater_fl?source=qrflyer
Listing courtesy of EQUITY PRO REALTY Phone: 727-442-6800
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1116 Wyatt, Clearwater, FL, 33756
$1,900,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $1,520,000 | $1,520,000 | $1,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
| Monthly Tax Payment | $1,179 | $1,179 | $1,179 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,859 | $9,859 | $13,451 |
| Total Monthly Payment | $11,163 | $11,163 | $14,755 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388