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Presented by
Colleen Reszoly |
Motivated Seller - Exceptional Investment Opportunity in this Turnkey Duplex. Perfectly positioned on a quiet residential no-through street, the setting provides reduced traffic, added privacy, and a peaceful neighborhood atmosphere. Each unit features two bedrooms, two bathrooms and a one car garage. Set on over half an acre, the property offers an uncommon sense of space and flexibility rarely found in similar duplex offerings. One unit (B) is currently leased on a month-to-month agreement, offering flexibility for an owner-occupant or an investor seeking immediate income potential. Building features include brand NEW ROOF and NEW GUTTERS and NEW WATER HEATERS installed on each side. Ideally situated just two blocks from the Indian River and Sebastian Inlet, this property offers exceptional coastal access while being located outside of a designated flood zone - providing peace of mind without sacrificing proximity to the water. Interior pictures provided are of one unit.
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Our Executive Mortgage Banker:
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$445,000
Sales Associate
William Raveis Real Estate
Phone: 203.994.1669
Colleen.Reszoly@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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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 | $356,000 | $356,000 | $356,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $303 | $303 | $303 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,049 | $2,280 | $2,956 |
| Total Monthly Payment | $2,427 | $2,658 | $3,334 |
* 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.