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This home is priced to sell as a home to remodel or completely remove. The vacant lot price of other lots in the city are going for even more. This particular property has a city alley way right behind the property that allows a potential full size drivethrough garage if a new structure is built with garage doors on both the Goldstein street entrance and the alley way entrance. It could be like having 2 entrances. The already cleared lot next door at 308 Goldstein is also for sale at $160, 000 as well and has the exact same opportunity. The lot with the home measures in at 49 x 90 x50 x90. Directly across the street is 2 brand new properties. A 2 unit villa and a single family residence that were both finished in 2023. The house next to the villa is about to be removed and rebuilt new as well. Then on the other side of West Olympia is a very nice clean commercial building that is kept up meticously and the home on the opposite corner that was just completed refinished on the exterior and interior. So whoever buys either of these properties will have the opportunity to be on one of the nicest intersections in all of Punta Gorda with one of the very best locations to downtown as well. So stop by to imagine owning property downtown which is truly a super fun and convenient experience. The listing agent of this property is also the owner and owns the new brown and beige home right across the street. Would love to have another beautiful kept property owner across the street as things just keep getting better and better.
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$160,000
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 | $128,000 | $128,000 | $128,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.472% | 6.443% | 5.648% |
| Monthly Tax Payment | $53 | $53 | $53 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $737 | $788 | $1,037 |
| Total Monthly Payment | $865 | $916 | $1,165 |
* 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.