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You won't want to miss out on this one. Excellent Winter Garden location at the intersection of Story and Plant on Historic Brick Rd. Currently occupied by the seller and is being used as a Real Estate office handling online timeshare sales. It will be vacated prior to closing. Current market rent is $3, 100 to $3, 300 a month. Cute older home that was converted to an office years ago. This is the highest and best use according to the county and a recent appraisal. The lot is a tad over 1/2 acre and is heavily treed with massive live Oaks. Extensive landscaping. and a creek running down the back side of the property. There is a full kitchen, a bathroom (no tub/shower), reception area, 3 private offices and 1 joint office space/call center. Storage shed out back and a lovely break area under the oaks by the creek. And of course there is a rocking chair front porch. There are some areas of wood mostly on the porch and railings. Roof replaced in 2013.
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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 | $383,999 | $383,999 | $383,999 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $408 | $408 | $408 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,427 | $2,523 | $3,215 |
Total Monthly Payment | $2,910 | $3,006 | $3,698 |
* 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.