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Welcome to this beautiful 4-bedroom, 2-bath split-bedroom block home located in the charming Queens Cove community. This property features a huge bonus room (14x14) that can easily be converted into a fifth bedroom with the addition of a closet. It is also already set up for a portable AC unit to be built in. There is 2, 786 of Sq ft under roof this is huge. Queens Cove is a lovely HOA community with an insanely low rate of $145 per year. As you enter, you are greeted by a screened-in front porch with high ceilings, perfect for relaxing. The 2-car garage includes a washer and dryer for added convenience, making laundry days effortless. Nestled in a quiet neighborhood, this home has solid bones with a roof and AC both 11 years old, and a water heater that is only 5 years old. The entire home has recently been replumbed, ensuring peace of mind for future owners. This property is an excellent opportunity for investors, offering an impressive almost 10% cap rate on rentals. It's also ideal for a quick fix-and-flip with minimal work needed or for families willing to put in a little work. All that is needed is to fix a few minor cosmetic features. Situated on a spacious corner lot, the home features a shed for additional storage. Enclosed blind French doors lead to a huge 30x15 lanai, tiled and equipped with a ceiling fan, making it perfect for entertaining. The home is designed with tile and laminate flooring throughout providing ease of maintenance. The master bathroom includes dual sinks and a built-in vanity counter, along with a huge walk-in closet and connects to a second bedroom—ideal for a nursery or young children. The dining room conveniently connects to the kitchen, which features a small breakfast bar and a built-in desk. The galley kitchen includes stainless steel appliances, and the vaulted ceilings throughout the living areas create an airy, spacious feel. This home is eligible for USDA financing. Location is key; this home is close to restaurants and fun attractions like Legoland and Cypress Gardens. Additionally, there are plenty of lakes nearby for fishing, boating, and kayaking adventures. Schedule your private showing today to explore all the potential this wonderful home has to offer!
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$250,000
William Raveis Real Estate
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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 | $200,000 | $200,000 | $200,000 |
| 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% | 6.144% | 5.415% |
| Monthly Tax Payment | $226 | $226 | $226 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,151 | $1,198 | $1,595 |
| Total Monthly Payment | $1,452 | $1,499 | $1,896 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.