WOW! DON'T MISS ON THIS UNIQUE OPPORTUNITY! INVESTOR/BUILDER SPECIAL! RENOVATE AND BUILD AT THE SAME TIME! This property features a 4 bedroom, 1 bathroom home with large rear, covered patio/porch. This home would be very easy to convert to a 4/2 as the primary bedroom features a large (7 x 11') closet that could be converted to a bathroom & closet. The home needs renovation but would make a great rental property or flip given the high number of bedrooms and close proximity to town. The metal roof was recently replaced and the drain lines were replaced as well. In addition, the parcel features an additional buildable lot (50 x 110') that is high n dry! The existing home could be fenced off from the vacant lot. This is all possible right in the city limits of Dade City and close to an array of antique shops, diverse dining options & historic sites. No HOA or CDD fees and restrictions. The proximity to Tampa, Orlando, beaches and theme parks coupled with the area's growing popularity and rich cultural heritage makes it a WIN WIN! Hurry!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $127,920 | $127,920 | $127,920 |
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 | $129 | $129 | $129 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $851 | $850 | $1,097 |
Total Monthly Payment | $1,055 | $1,054 | $1,301 |
* 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.