This move-in ready Crescent Heights mid-century home with back house, just blocks from Crescent Lake Park, combines classic charm with modern upgrades. The updated main home features three bedrooms, two baths, a 2. 5-car carport, one-car garage, renovated kitchen, tankless water heater, refinished original hardwood floors, cove ceilings, double pane vinyl windows with window treatments, fresh interior and exterior paint, and updated baths, plus a huge interior laundry room with ample storage. The property has a newer roof, energy-efficient double-pane windows, three HVAC units, low-maintenance landscaping with lush Florida-friendly foliage, an irrigation system, and a serene courtyard with ambient lighting, a soothing fountain and gazebo plus a relaxing hot tub. A spacious and separate, legal apartment/in-law suite/back house offers a generous living room, two bedrooms, one bath, a cute sunroom, bonus room/office/den, plus a full kitchen with large dining space and accessible through a private entrance above the courtyard offering flexibility for family, office space or rental income. Back house also comes furnished and is on a separate electric meter with its own HVAC and tankless water heater. With short- and long-term rental potential, this rare find offers endless possibilities in a sought-after neighborhood. Completely fenced property from the front yard to the alley. Nice, sturdy iron fenced front yard provides aesthetic safety and the vinyl fence plus gate enclosure provides privacy while securing your carport and garage. Amazing location, endless options. Live in one and pay the mortgage with the other!
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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 | $798,480 | $798,480 | $798,480 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $500 | $500 | $500 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,179 | $4,916 | $7,066 |
Total Monthly Payment | $5,771 | $5,508 | $7,658 |
* 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.