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INSTANT EQUITY! Great value for this home in the coveted large lot community of Bloomingdale Estates (no HOA or CDD). Perched on a fenced . 32 acre oversized lot, This 2, 400+ sq. ft. pool home is priced significantly under market value due to some remaining cosmetic repairs needed from storm. Recent updates include a newer roof (2024), fresh interior paint, and new carpet. HVAC is 2018. The spacious eat-in kitchen features granite countertops, stainless appliances and exceptional storage with three closets. The bathrooms are all updated to include modern wood shaker vanities and granite countertops.
All four bedrooms are located upstairs, including a master suite with double entry doors, a walk-in closet, and a barn door leading to the dual-sink bath. This home is being sold cash or investment loan only to address remaining repairs from a fallen tree during the Hurricane Ian—specifically the pool, which needs resurfacing (estimate available upon request). Buyer will need to be qualified for a rehab loan or purchase with cash. Sellers are not making repairs – inspections are for buyer’s due diligence and knowledge only. With a large fenced yard and a functional layout, this is a prime opportunity to be well insulated in this market and customize the home of your dreams.
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
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 | $332,000 | $332,000 | $332,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.533% | 5.900% |
| Monthly Tax Payment | $515 | $515 | $515 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,991 | $2,071 | $2,735 |
| Total Monthly Payment | $2,581 | $2,661 | $3,325 |
* 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.