Discover the potential of this 2-bedroom, 1-bathroom home situated on a wide canal leading to Lake Hatchineha, part of the renowned Kissimmee River Chain of Lakes.
Step inside, where you'll find a canvas waiting for your personal touch. The living space is cozy and filled with natural light, offering a glimpse of the stunning water views just beyond. The kitchen, though in need of modernization, provides a functional space to craft your culinary creations.
The two bedrooms are spacious, each holding the promise of becoming a comfortable sanctuary with a bit of renovation. The bathroom, though dated, can be transformed into a refreshing haven with the right vision.
Venture outside to the backyard, where the true allure of this property comes to life. The wide canal invites you to explore the beauty of the Kissimmee River Chain of Lakes from your own backyard. The potential for creating an outdoor haven is evident, with a private boat dock beckoning for days spent on the water.
This property is a blank canvas, offering a unique opportunity for those with a vision to transform it into a waterfront gem. Embrace the challenge of turning this home into a haven that reflects your style and appreciation for the unparalleled beauty of its surroundings.
Seize the chance to own a piece of the Kissimmee River Chain of Lakes and embark on a renovation journey that will undoubtedly reward you with a home that perfectly balances tranquility and potential. Schedule a viewing today and explore the possibilities that await in this waterfront retreat.
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Our Executive Mortgage Banker:
Our Insurance Division:
$280,000
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 | $224,000 | $224,000 | $224,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $185 | $185 | $185 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,528 | $1,489 | $1,890 |
Total Monthly Payment | $1,788 | $1,749 | $2,150 |
* 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.