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**Rare Opportunity in Engelwood Park – Income Potential & Multigenerational Living!**
Discover a rare find at an unbeatable price in one of Orlando’s most desirable neighborhoods—**Engelwood Park**. This spacious, versatile home is perfect for multigenerational families or savvy buyers looking for **income-producing potential**.
Boasting **3 bedrooms, 2 bathrooms, a flexible bonus room**, and a **private-entry studio apartment**, this property is tailored for modern lifestyles. Whether you need space for extended family, guests, or a rental opportunity, this home has it all. **Bonus: A brand-new roof was installed in 2024!**
Step inside and enjoy a **bright, open layout** designed for both comfortable everyday living and effortless entertaining. The updated kitchen features modern appliances and plenty of storage, making meal prep a joy. The **primary suite** is a true retreat with its own sitting area and **jacuzzi tub**—a perfect place to unwind.
The additional bedrooms offer flexibility and privacy, while the **bonus room** is ideal for a home office, playroom, or gym.
The attached **studio apartment** is a standout feature, complete with its own entrance, full kitchen, bathroom, and cozy living area—perfect for in-laws, guests, or generating rental income.
Outside, enjoy your **private backyard oasis**—lush with fruit trees, three storage sheds, and plenty of space for entertaining, gardening, or soaking up the Florida sunshine.
Located in sought-after Engelwood Park, you’ll love the **easy access to downtown Orlando, major highways, shopping, dining, and public transportation**.
**Homes like this are rare—schedule your showing today and explore the potential of this unique property!**
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:
$395,000
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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $419 | $419 | $419 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,997 | $2,100 | $2,645 |
Total Monthly Payment | $2,491 | $2,594 | $3,139 |
* 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.