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TRANQUILITY NEAR DOWNTOWN OKEECHOBEE CITY. OVER-SIZED 1 ACRE LOT W/ FENCED AREA, AROUND PRIMARY YARD. HOUSE HAS BEEN KEPT IN AN IMMACULATE CONDITION. LARGE GRAND-DADDY OAK TREE, ALLOWS NATURAL SHADE, IN THE AFTERNOON. LARGE BACKDOOR PATIO, ALLOWS FOR MULTIPLE IMPROVEMENTS, YOUR IMAGINATION IS YOUR ONLY LIMIT! SCREENED PORCH "SITTING"AREA AT FRONT CORNER ALLOWS FOR PEACEFUL MORNING COFFEE OR LATER AFTERNOON REFLECTION, AS YOU ADMIRE THE SUNSET, ALL SAFE FROM MOSQUITOES & OTHER PESTS! OVER 700 SQUARE FOOT, SEPARATE DETACHED 2- CAR GARAGE WITH ALL KINDS OF POTENTIAL. . . MAN-CAVE, MOTHER IN LAW SUITE OR ADDITIONAL LIVING AREA WITH MINIMAL IMPROVEMENTS, THE OPTIONS ARE ENDLESS. YOU MUST SEE THIS HOME/LAND, TO APPRECIATE THE ADVANTAGES OF OWNING THIS RESIDENTIAL PROPERTY! ONLY 2 MILES FROM LAKE OKEECHOBEE, HOME OF SOME OF THE VERY BEST FRESH WATER FISHING IN THE COUNTRY!
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$269,000
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 |
|
|---|---|---|---|
| Loan Amount | $215,200 | $215,200 | $215,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $189 | $189 | $189 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,222 | $1,289 | $1,716 |
| Total Monthly Payment | $1,486 | $1,553 | $1,980 |
* 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.