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Under contract-accepting backup offers. INVESTOR ALERT!! TRAILS FIXER UPPER with huge margins! With remodeled comps at $330K, this one is an absolute no brainer. Roof is 2016, HVAC is 2014. For a complete flip, property needs all cosmetics inside, some exterior touchups, drywall in garage, and structural posts for the balcony. Layout is great with the kitchen, dining, living, laundry and half bath on the main floor. Living room was recently upgraded with vinyl plank flooring that is still in good shape. Wood burning fireplace in main living area. All three bedrooms and two full bathrooms are upstairs. Primary has a large bathroom and HUGE walk-in closet and access to the balcony. Guest bedroom also has access to the same balcony and shares a full guest bathroom (tub/shower combo) in the hallway with the other guest bedroom. This townhome gets a lot of natural light upstairs.
The Trails is an extremely desirable central Ormond neighborhood with community pool, clubhouse, several miles of walking trails, and nearby tennis courts. Walkable to The Trails Shopping Center which is a local favorite for all grocery, retail, gyms, dining and even a local med spa. Also walkable to the Nova Recreation Park which has Basketball, Tennis Courts, Skate Park, Pickleball, Racquetball, Softball/Baseball fields and the biggest & best playground - Rainbow Park. Master association dues are $260/quarter which covers use of The Trails amenities. Sub association (Autumnwood) dues are $261/quarter.
All information in this listing is intended to be accurate but cannot be guaranteed. Buyers and their agents should always perform due diligence.
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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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $257 | $257 | $257 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $873 | $920 | $1,172 |
Total Monthly Payment | $1,205 | $1,252 | $1,504 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.