![]() |
Exceptional Investment Opportunity in Desirable Parkway Estates subdivision—offering comfort, stability, and potential for long-term growth. This charming 3-bedroom, 2-bathroom home is nestled on a spacious 0. 20-acre lot and features 1, 297 square feet of heated living space, thoughtfully laid out for both functionality and comfort.
From the moment you step onto the property, you’ll appreciate the quiet, well-maintained neighborhood that Parkway Estates is known for. Inside, the home boasts a bright and open layout that maximizes natural light, with a generously sized living area, a functional kitchen, and well-proportioned bedrooms that provide ample space for family living or tenant occupancy.
Whether you’re a savvy investor looking for steady rental income or a future homeowner with an eye on long-term value, this property checks all the boxes. Currently tenant-occupied for over 7 years, this home has a proven track record of stable, reliable rental income. The long-term tenancy not only speaks to the desirability of the property but also gives you the option to generate income from day one with minimal hassle.
The lot provides enough room for outdoor enjoyment, gardening, or potential upgrades like a patio or deck. With no HOA fees and easy access to local schools, shopping, and commuter routes, Parkway Estates continues to be a hidden gem for investors and homeowners alike.
Don’t miss out on this turnkey investment in Parkway Estates—schedule your private tour. All measurements are approximate and should be verified.
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:
$279,900
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 | $223,920 | $223,920 | $223,920 |
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% | 7.063% | 6.132% |
Monthly Tax Payment | $154 | $154 | $154 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,415 | $1,471 | $1,874 |
Total Monthly Payment | $1,644 | $1,700 | $2,103 |
* 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.