404 S M Street, #1, Lake Worth, FL, 33460 | $5,950

Fully furnished/Turnkey 3 bed 2 mission style home with detached studio apartment just four blocks to shops and restaurants and just a little over 1 mile to the beach currently available from Jan-Apr. This 3-2 main has a split plan with the primary bed & bathroom separated by a great room from the additional 2 beds and guest bath. The main house and the guest cottage are separated by a 6 ft. privacy fence with a gate. The backyard is very spacious with room for r pets to play and enjoy outside dining. The cottage has its own private fenced outdoor space as well and together can be rented as a 4 bed 3 bath. This complex is perfect for you to enjoy a winter retreat just 4 blocks from the downtown entertainment district, Bryant Park and the beaches. Main house is a 3 bedroom 2 bath. Mother-in-law or guest studio is adjacent to the main house connected by a gate in the backyard of the main. The main house has a large completely fenced backyard and the guest house has a separate fenced in backyard. The house and guest cottage can be rented together as a 4 bedroom 3 bathroom or separately. Rented together for the months of Jan - April for $8, 450/MO. Separately the 3 bed 2 bath house for $5, 950/MO and the studio cottage for $2, 500/MO. The house and cottage have 1 off street parking space available each but there is also plenty of street parking adjacent to the property. Both spaces are fully furnished and turnkey - Utilities and internet are included. 60 day minimum stay required and multiple month discount (3-4 months) will be considered.

Features

  • Type: Single Family
  • Amenities: Internet Included
  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1928
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Approx Sq. Feet: 1,288
  • Lot Desc: Corner Lot
  • Pet Policy: Number Limit, Size Limit
  • Appliances: Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, Microwave, Refrigerator, Water Heater, Washer, Freezer
  • Tenant Pays: None
  • MLS#: RX-11150110
  • Website: https://www.raveis.com
    /prop/RX-11150110/404smstreet_lakeworth_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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404 S M Street, #1, Lake Worth, FL, 33460

$5,950

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $4,760 $4,760 $4,760
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.307% 6.292% 5.561%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $28 $29 $38
Total Monthly Payment $103 $104 $113

* 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.