This is a one-of-a-kind property in the heart of downtown Auburndale. The property contains a the main home, a separate mother in law suite or income producing rental, which ever you choose. The property also boasts an oversized shop.
The main home is partially remodeled just needing cosmetic finishing touches inside. The home has a new, standing seam metal roof with all new trussed and cathedral ceilings. The open floor plan is expansive and fully customizable with the bedrooms boasting walk in closets. The home has been fully rewired as well as replumbed with PEX. The home has a new full HVAC system including ducts and two separate tankless water heaters. The front porch of the home has been completely rebuilt using composite decking for a clean appearance and years of longevity. Between the main home and the in-law suite you have ample space in your two car garage for parking and storage with an open courtyard area to the rear.
Between the main home and the shop you will find the separate mother in law suite. This unit is a fully compete 1/1 and has its own access. This can be lived in while putting your personal touches on the main home, used an your home office, used as an income producing rental etc, the options are endless.
The shop has a 200-amp service, separate from the main home with its own meter, an oversized 9x12 garage door, and a 20x20 screened room with an electric roll up oversized screen. Just outside the screened room you have the freedom to connect your RV to electric as well as directly to city sewer! The concrete driveway and St Augustine sod are newly upgraded as well.
This home has it all and is very versatile, all it needs is your final touches!
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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 | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $47 | $47 | $47 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,198 | $1,182 | $1,518 |
Total Monthly Payment | $1,320 | $1,304 | $1,640 |
* 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.