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THIS LISTING IS FOR TWO PARCELS OF LAND BEING SOLD TOGETHER, ON EITHER SIDE OF SUBURBAN DRIVE IN CHICKASAW TRAILS AREA - CONVENIENT TO AIRPORT AND DOWN TOWN ORLANDO! NORTHERLY LOT IS OVER 3 ACRES; SOUTHERLY LOT IS NEARLY HALF ACRE!
Where else can you find Gorgeous Private Wooded Acres so close to down town Orlando???? Location -- Location—Location --- Build your PERFECT wooded country estate! Past consultation with county indicated possible site for town-homes – or perhaps multi-home site, or worship center, adult day care, etc. Partially Fenced with sidewalk along Suburban Drive, check out the possibilities on this large vacant parcel. Seller may consider financing with good down - Let's Collaborate. Convenient to Hidden Oaks Elementary School. NOTE: Buyer to verify all information of import to Buyer.
This Northerly parcel appears to have some ISOLATED wetland, and partial HIGH LANDS. This is NOT part of the St. John's Water Management District, and the fact that it is isolated (Meaning there is no runoff to any other property or body of water (no culvert under the road)) may lend an easier time for development for this Wooded Home Site. Convenient to Hidden Oaks Elementary School. NOTE: Buyer to verify all information of import to Buyer.
OWNER IS DESIRING TO ACCOMPANY BUYER TO COUNTY MEETING(S) TO HELP PUSH YOUR PROJECT THROUGH. WE HAVE LETTER FROM COUNTY INDICATING BUILDABILITY, BUT FURTHER ENVIRONMENTAL STUDY IS NOT COMPLETE.
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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 | $231,200 | $231,200 | $231,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,461 | $1,519 | $1,935 |
Total Monthly Payment | $1,536 | $1,594 | $2,010 |
* 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.