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Under contract-accepting backup offers. **OPPORTUNITY KNOCKS** HOMES EXPERIENCED SUBSTANTIAL FLOODING DURING HURRICANE HELENE AND ARE BEING SOLD AT LOT VALUE. THIS IS A GREAT OPPORTUNITY TO REMODEL OR BUILD NEW IN CHARMING INDIAN ROCKS BEACH. CURRENTLY TWO HOMES SIT ON THE 50 X 114 LOT OFFERING THE OPPORTUNITY FOR A PRIVATE RESIDENCE AND INCOME PRODUCING PROPERTY OR A BLANK CANVAS TO BUILD YOUR DREAM HOME. BUILT IN 1940 BY LEGENDARY STONEMASON O. G. CREEL, ONLY ABOUT A DOZEN OF THESE HISTORIC STONE COTTAGES REMAIN IN INDIAN ROCKS BEACH. THE FRONT COTTAGE IS 2 BEDROOMS AND 1 BATHROOM AND IS 940 SQUARE FEET. THE BACK COTTAGE IS A 1 BEDROOM, 1 BATHROOM AND IS 673 SQUARE FEET. INDIAN ROCKS BEACH EXUDES SMALL TOWN CHARM AND IS HOST TO YEAR ROUND ACTIVITIES INCLUDING TASTE OF IRB, AN ANNUAL CHRISTMAS BOAT PARADE, STREET PARADE, OKTOBERFEST AND MUCH MORE. THE CITY IS HOME TO SEVEN PARKS, TENNIS COURTS, PICKLEBALL COURTS, A SKATE PARK, BASEBALL FIELD, COMMUNITY BOAT RAMP, DOG PARK, COMMUNITY GARDEN, HISTORY MUSEUM AND A NATURE PRESERVE. WELCOME HOME!
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:
$475,000
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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $725 | $725 | $725 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,340 | $2,496 | $3,156 |
Total Monthly Payment | $3,140 | $3,296 | $3,956 |
* 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.