4. 27 NET ON KROME AVENUE WITH GREAT FRONTAGE HIGHEST AND BEST USE IS FOR AN AGRI BUSINESS OR AGRI/ECOTOURISM EVENT VENUE. . . . LOCATED ON THE MAIN HIGHWAY IN REDLAND ALSO KNOWN AS 997, SW 177 AVE AND KROME AVENUE. . THIS IS WHERE YOU WANT TO BE FOR EXPOSURE!!. SITUATED ON THE CORNER OF SW 188 STREET ON THE EAST SIDE OF KROME . THE HIGHWAY IS DIVIDED HIGHWAY WITH TURN LANES AND STREET LIGHTS. SHES WELL LIT. THE LOCATION IS SUPERB. THE CURRENT USE IS RETAIL SPECIMEN TREES. THERES A SMALL SALES BLDG WITH KITCHEN AND BATH, IN ADDITION TO DOG KENNELSTHE CURRENT OWNER RESCUES STREET DOGS. . . FULLY FENCED WITH OVERSIZED ROLLING GATES TO ACCOMODATE LARGE TRUCKS. IRRIGATED ON ALL. , NEXT DOOR IS AN EVENT VENUE WITH A STRIP MALL ACROSS THE STREET. RECENTLY REDUCED FOR QUICK SALE. GREAT INVESTMENT PROPERTY
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
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% | 6.876% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,781 | $12,946 | $17,387 |
Total Monthly Payment | $12,906 | $13,071 | $17,512 |
* 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.