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**Charming 2-bedroom Home in Clearwater with Income Potential** Discover the perfect blend of comfort and convenience in this delightful 2-bedroom, 1-bathroom home, nestled on a generous corner lot at 1260 S Hillcrest Ave, Clearwater, FL. This residence features a cozy 744 sq ft interior that invites you to relax and enjoy its stylish updates, including a modern kitchen with solid surface countertops and brushed gold accents, and an elegantly tiled bathroom enhanced with similar sophisticated touches. A new roof, along with new ac, provide additional peace of mind. Step outside to a fenced yard where a producing mango tree adds a touch of nature's bounty, and a covered front porch and patio allow for serene spaces for outdoor living. The property includes a handy shed for extra storage. Positioned in a friendly community, this home is ideally situated close to reputable schools such as Clearwater High, Oak Grove Middle, and Plumb Elementary, making it not just a peaceful retreat but also an excellent rental opportunity with great income potential. Whether you're looking for a starter home, downsizing, or seeking a worthwhile investment, this property promises a blend of lifestyle and opportunity in the heart of Clearwater. Ready to move in and enjoy or use as a rental property (home has current tenant and can move in 30-45 days from date of contract), this home awaits its new owners with open arms and endless possibilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,000
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 | $255,200 | $255,200 | $255,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | $327 | $327 | $327 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,655 | $1,676 | $2,136 |
Total Monthly Payment | $2,057 | $2,078 | $2,538 |
* 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.