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Welcome to 811 Russell Ln #309 in Russellwood Condominium—a beautifully updated 2-bedroom, 1. 5-bath condo offering nearly 1, 100 sq ft of comfortable living space, strong rental appeal, and true turnkey convenience for investors and owner-occupants alike.
Since the last sale, this home has been thoughtfully updated with an all-new kitchen featuring white cabinetry, granite countertops, designer hardware, and brand-new stainless steel appliances—a clean, modern look that stands out in the rental market. The interior also shines with fresh paint throughout, creating a bright, move-in-ready feel. Major updates include a new water heater and an updated full bathroom, plus durable, low-maintenance flooring - tile downstairs and laminate upstairs.
Unwind on your covered balcony overlooking the central green space and the community pool—a peaceful view and a big lifestyle perk. Russellwood residents also enjoy access to a clubhouse, adding even more value and tenant appeal.
Located in a central, commuter-friendly area with easy access to Tampa, Wesley Chapel, and Plant City, you’re also just minutes from everything you need—shopping and everyday services, dining, and local recreation. The unit includes in-unit laundry with a washer and dryer included, adding the convenience today’s buyers and renters want.
For investors, the numbers are compelling—this property is expected to meet the coveted “1% rule, ” where projected monthly rent equals 1% of the asking price, making it a rare opportunity in today’s market.
Don’t miss your chance—schedule your private showing today and secure this updated, rent-ready condo in a prime location!
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Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$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 |
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|---|---|---|---|
| Loan Amount | $128,000 | $128,000 | $128,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.628% |
| Monthly Tax Payment | $181 | $181 | $181 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $737 | $778 | $1,037 |
| Total Monthly Payment | $993 | $1,034 | $1,293 |
* 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.