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Presented by
Catherine Slotnick |
Nestled on a spacious 9, 600 sq ft corner lot in the welcoming Sun Ray Homes neighborhood of Frostproof, FL, 262 Walter Ave is a charming 2-bedroom, 1-bath block construction home offering 1, 178 sq ft of comfortable living space. Built in 1960 with a solid masonry structure and slab foundation, this home features a bright eat-in kitchen with essential appliances including a dishwasher, refrigerator, and range. The adjacent living room provides a cozy area for relaxation or entertaining, while the two well-sized bedrooms are supported by a full bathroom. The home features durable laminate flooring throughout and central air and heat with ceiling fans to ensure year-round comfort. Additional highlights include indoor laundry and utility room, plus an 8×7 storage closet, an attached single-car carport, and two exterior utility buildings. The large, mostly flat yard is serviced by a well and sprinkler system, perfect for gardening or outdoor activities. Located just off Hwy 27 in a quiet, friendly community known as “The Friendly City". With a strong appreciation in market value, low property taxes, and excellent potential as a primary residence or rental, this property is a fantastic opportunity for first-time buyers, retirees, or investors seeking value, space, and versatility in the heart of Central Florida.
(Corner Lot, New roof in Jan 2024, new interior paint, updated kitchen cabinets, back splash, light fixtures, working hot tub in the back yard, two storage sheds staying with home. )
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Our Executive Mortgage Banker:
Our Insurance Division:
$180,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 310.739.8262
Catherine.Slotnick@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $144,000 | $144,000 | $144,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $85 | $85 | $85 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $829 | $862 | $1,148 |
| Total Monthly Payment | $989 | $1,022 | $1,308 |
* 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.