INVESTORS! Must see this unique 4 bedroom, 2 bathroom lakefront property! It offers the rare option to live in the 3 BR 1 BA in the front of the single family residence and renting short term the rear 1 BR 1 BA separated unit, or rent short term both sides. Enjoy the peaceful views of Lake Ruth from your back patio. Located minutes away from downtown Dundee, close to shopping, restaurants, Lego Land and RT 27. Proven and very successful short rental history for the last 6 years, with the potential ability to bring over $6000 in short term income monthly. Seller financing available. Do not wait, it will not last long.
Ranked 4th in The Leading Real Estate Companies of The World, The World's Largest Luxury Real Estate Network, Offices
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:
William Raveis Real Estate
VP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Conforming*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||6.000%||6.375%||5.375%|
|Interest Rate based on Index + Margin||4.250%|
|Annual Percentage Rate||6.885%||6.524%||5.576%|
|Monthly Tax Payment||$259||$259||$259|
|H/O Insurance Payment||$75||$75||$75|
|Initial Principal & Interest Pmt||$1,582||$1,647||$2,139|
|Total Monthly Payment||$1,916||$1,981||$2,473|
* 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.