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Presented by![]() Amy Jacobson |
Superb location! This beautiful charmer is tucked away off Delaney Avenue and walking distance to Wadeview Park. This property is very versatile, offering numerous options to the new owner. It has been professionally renovated presently as a 2 bedroom, 1 bath (can easily add a second bath), and a 1/1 apartment/in-law suite. One or both properties can be used as an Airbnb for short-term rentals or Furnish Finders for mid-term rentals. Both units are turnkey, as they are tastefully decorated and come fully furnished. City of Orlando will allow a 500 sf accessory dwelling unit (ADU) to be built. The property could easily be converted to a larger single family home. The 2/1 and 1/1 each have their own rear deck/patio overlooking spacious, yet private fenced yard. The 2/1 has a very open floor plan and could easily accomodate working from home. In addition to the Airbnb option, the 1/1 with private entry would be perfect for an elderly parent, college student, or medical employees, as ORMC is only one mile away. Location, location, location. . . and you couldn't ask for a better neighborhood. Walking distance to Wadeview Park, a wooded, pet-friendly park with many amenities including olympic-sized pool, BBQ grills, playground, picnic tables, pavilions, exercise station and walking trail. . . one of Orlando's most popular parks. All "A Rated" schools, in addition to Orlando Gifted Academy Magnet School. This neighborhood has a walkability score of 83, and while offering privacy, this property has the best of both worlds, as all the conveniences (eateries, Walgreens, Publix, Walmart) are a walk or short drive away. Downtown Orlando and Lake Eola are within 2 miles. While currently under construction, Delaney Street is being renovated with a new brick pavers. This area is surrounded by multi-million dollar homes, and million dollar townhomes. Considering the location, quality construction and renovation, tastefully decorated and fully furnished, established neighborhood, and versatile options, this property should be on the top of your list. Call today for appointment to view.
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Phone: 508.415.0816
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William Raveis Mortgage, LLC
Phone: 508.335.8179
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NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $438,000 | $438,000 | $438,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | $468 | $468 | $468 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,768 | $2,914 | $3,696 |
Total Monthly Payment | $3,328 | $3,474 | $4,256 |
* 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.