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Presented by
Lauren Rosen |
Prime investment opportunity. This upgraded duplex features two income-producing units with excellent tenants in place. Unit one offers 2BR/2BA and unit two 2BR/1BA, both with updated kitchens featuring granite countertops and stainless steel appliances, renovated bathrooms, impact windows and doors, and newer Rheem A/C systems.
Each unit includes its own private laundry area and fenced outdoor space, with large patios and additional storage. Ideally located within walking distance to downtown Lighthouse Point shops and restaurants, close to I-95, and minutes from the beach, this turnkey property offers strong rental appeal in a highly desirable area. Also available as part of a portfolio sale with 2248 NE 37th Street (RX-11162540), located just one block away & within walking distance.
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Our Executive Mortgage Banker:
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$1,025,000
Sales Associate
William Raveis Real Estate
Phone: 413.645.2011
Lauren.Rosen@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.990.4029
Jennifer.Carreto@raveis.com
NMLS Mortgage Loan Originator ID 829975
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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 | $820,000 | $820,000 | $820,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | $900 | $900 | $900 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,656 | $4,851 | $6,809 |
| Total Monthly Payment | $5,681 | $5,876 | $7,834 |
* 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.