Income producing mini farm! Two meticulously maintained homes on just under 8 acres. This property has it all, including monthly income, a relaxing pool, a 4 stall center isle barn, pastures, a spectacular tree house and plenty of storage space for all of your toys! The primary residence boasts 3 bedrooms, 2 bathrooms, and a versatile office space, all recently updated. The kitchen has been completely renovated with quartz countertops, brand-new stainless steel appliances, sleek cabinets with copper handles, a beautiful backsplash, and a large island. The living room opens onto an expansive covered lanai and a pristine private pool with a waterfall, perfect for relaxing and entertaining. The main home is well-equipped with a 2023 HVAC system, a 2021 hot water heater, a 2-year-old well pump, and a 2009 metal roof. Additional features include an ADT security system, Starlink high-speed internet, RV hookup, a carport, and three sheds. Two of the sheds have electricity and one also has water. The center-aisle barn has 4 stalls, a tack room and a feed room. The second residence, a 2016 manufactured home offers 4 bedrooms and 2 bathrooms within 2, 280 square feet of luxurious living space. This home is currently rented for 2 years and provides $2800 per month income. It features luxury vinyl plank flooring, tray ceilings, and an open floor plan with a huge front porch for relaxation. This home provides built-in passive income and has its own private driveway. Whether you're looking for a spacious family retreat or a property with income potential, this unique estate delivers both in abundance. Close to stores, restaurants, hospitals, outdoor activities and only 20 minutes from the World Equestrian Center.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,140,000
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 | $912,000 | $912,000 | $912,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.851% | 6.790% |
Monthly Tax Payment | $532 | $532 | $532 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,840 | $5,915 | $8,007 |
Total Monthly Payment | $6,497 | $6,572 | $8,664 |
* 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.