HANDYMAN SPECIAL! Port Charlotte property, presenting a unique opportunity to restore and transform a 3-bedroom, 2-bathroom residence into a new home. With 1, 480 square feet of living space, a spacious 2-car garage featuring washer and dryer hookups, and a screened-in POOL. NEW SEPTIC SYSTEM 2024, NEW ELECTRIC PANEL 2024. 16x8 shed in the backyard for extra storage. The kitchen has raised panel cabinetry, stainless steel appliances and a dinette area. Sliders from the kitchen and bonus room open up to the pool/lanai. This property offers great potential for those with vision and a passion for home improvement. While this home is in need of major restoration, the potential for creating a custom, stylish, and comfortable living space is abundant. Imagine transforming this property into the home of your dreams, reflecting your unique tastes and preferences. With a little creativity and effort, you can unlock the hidden beauty of this space. If you're ready to take on a renovation project and craft a home that suits your lifestyle, this property could be the canvas you've been searching for. Don't miss this rare opportunity to make your mark on a 3-bedroom, 2-bathroom, 2-car garage, and pool home in a prime location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$229,900
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 | $183,920 | $183,920 | $183,920 |
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 | $58 | $58 | $58 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,224 | $1,222 | $1,577 |
Total Monthly Payment | $1,357 | $1,355 | $1,710 |
* 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.