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Excellent investment opportunity: Vacant land in Unincorporated area in Tarpon Springs that is qualified for a short rental as AIB&B and ViRBO if the onwer buids a house with a certified bulder. If you build a house, you can rent the whole house or if you make a separate entrance, you can rent each room separately. The lot is located on the left side of the house at 607 Kenneth Way N in Tarpon Springs. The lot is located in 4 min of walking distance (0. 2 miles) just six homes away to park entrance of Howard Park Causeway, 15 minutes walking distance (0. 7 miles) to sea water. 32 min of walking distance (1. 5 miles) to Howard Park Beach. Lot elevation does not require piles and flood insurance and/or flood insurance. Up to you to you to check all the information. The lot is nice and flat. It is in quite area, but stores, restaurants . . etc. in 2. 4 miles away. There is no direct hurricanes strikes for the last 200 years. Just in a short small flooding in tourists area on the river 2, 4 miles away. Tarpon Springs Elementary, Middle and High schools are all in the walking distance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$130,000
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
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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 | $104,000 | $104,000 | $104,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $615 | $640 | $843 |
| Total Monthly Payment | $690 | $715 | $918 |
* 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.