![]() |
Investors and paradise seekers. . . check out this non-deed restricted home located within minutes to downtown Sarasota! Take one look at this 3BR + Bonus, 1BA, concrete block & stucco construction home with a large size backyard. . . and you'll fall in love! Perhaps one of the best values in Newtown Heights! Enjoy the home's light bright feel of natural light against the wall to wall white ceramic tile floors and the brand new carpet in bonus room! Beautifully maintained with a nicely updated kitchen boasting lots of countertop and cabinet space with newer appliances. And the bathroom's walk-in shower with single vanity sink/cabinet tops it all off perfectly! New HVAC within the last year! Non-flood Zone X, and is complete with aluminum and wood storm panels! Kick off your shoes and relax in one of Sarasota's most affordable communities! No deed or age restrictions! Located only minutes to downtown Sarasota, SRQ airport, New College, USF, Ringling Museum, theaters, beaches, shopping and restaurants. Want to have a place of your own that you can grow in? Then take a good look at the newly carpeted bonus room with it's own separate entrance door and adjoining large laundry closet. Check it out with your contractor. . . perhaps it may be a perfect opportunity to design and create a future income-generating studio rental! Wow! Let's talk!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $135 | $135 | $135 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,373 | $1,445 | $1,827 |
Total Monthly Payment | $1,583 | $1,655 | $2,037 |
* 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.