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Charming Fully Renovated Income-Producing Historic Gem - No HOA!
Fall in love with this beautifully restored corner-lot historical home featuring 4 spacious bedrooms, 3 full bathrooms, and all the modern comforts while preserving its timeless charm. Greet your guests from the classic wrap-around front porch behind a white picket fence, or enjoy morning coffee in your large front yard or in the side garden space.
Inside, you'll find hardwood flooring, a cozy fireplace, all-new appliances including an air-frying oven, new ceramic tiles throughout the kitchen, and a stunning new bathroom featuring a lighted mirror in the primary suite. Brand new HVAC and new metal roof will save thousands. The new designated laundry room, new ceiling fans, and the large walk-in pantry add to the comfort and convenience of this home. Current 4-Point inspection available.
Bonus: A detached 400sf 1 bedroom/ 1 Bath in-law suite/garage apartment currently rents for $1, 200/month on month-to-month. Tenant is willing to stay for long-term rental or vacate. This suite offers incredible flexibility and could cover half of the mortgage.
Extras include a new 16x20 storage shed, historic tax exemptions, possibly eligible for rehab loans/grants, and no HOA. Enjoy easy access to I-4, three major airports, parks, and vibrant local entertainment.
Don't miss your chance to own a slice of history with modern flair and built-in-income!
*Full article on the history of this home also available. *
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Our Executive Mortgage Banker:
Our Insurance Division:
$464,900
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 | $371,920 | $371,920 | $371,920 |
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% | 7.050% | 6.152% |
Monthly Tax Payment | $256 | $256 | $256 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,351 | $2,443 | $3,113 |
Total Monthly Payment | $2,682 | $2,774 | $3,444 |
* 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.