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Beautiful 3-bedroom, 2-bath main home with a fully equipped 1-bedroom, 1-bath guest house featuring a full kitchen and refrigerator, ideal for rental income. Nicklaus Children's Hospital is located at the end of the street, with quick access to the Palmetto Expressway (826), Coral Gables, Coral Way, Tropical Park, Barnes Park, and multiple shopping centers. The location is extremely convenient and highly desirable.
Upgrades and features include impact windows and doors, new tile flooring installed a few years ago, remodeled interior walls with new baseboards and interior doors, a brand-new 15X30 heated pool, a covered terrace seamless connect to an extendable pergola-style covered area with a solid roof for outdoor dining and entertaining, and a spacious paved backyard with artificial grass borders. The property also offers a 10x14 shed, great for storage, an orchid garden with pergola, a fenced back yard, and a driveway with stone finish accommodating up to 8 vehicles. The septic system drain field is completely new. The home has been very well maintained by the owner. This property is ideal for a primary residence or a great investment opportunity, offering excellent potencial for rental income in a prime location.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $515 | $515 | $515 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,077 | $4,187 | $5,738 |
| Total Monthly Payment | $4,684 | $4,794 | $6,345 |
* 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.