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Seldom does a unique opportunity like 238 Ridgecrest Loop arise within the area, so are you finally ready to take advantage of it? If you have been thinking about adding a new property to your investment portfolio, it simply does not get any better than this. Located in the heart of Lake County, this distinctive property offers 3 bedrooms, 2 full bathrooms, a 1 car garage and 1, 030 square feet on each side, with their own respective backyard spaces and laundry. Each side of this home has tile flooring (ZERO CARPET), an abundance of inside living space and an even more private backyard space to enjoy. An extra long driveway, in addition to the one car garage, also provides ample space for multiple cars. Once inside each of the homes, there is a generous amount of natural light, dedicated space for eat-in kitchens, counter space for food prep, and a well thought out floorplan. There are ceiling fans in each room, updated one-piece shower & bathtubs without any grout to worry about, and plenty of additional storage within the inside and garages. Located minutes from the intersection of Colonial & 27, 10 minutes to Florida Turnpike, 5 minutes to Publix, 8 minutes to South Lake Hospital & 10 minutes to the brand new Minneola Advent Health Facility. | LEFT SIDE DETAILS: NEWER HVAC & 2023 WATER HEATER | RIGHT SIDE DETAILS: NEWER HVAC & NEWEW WATER HEATER | FULL ROOF REPLACEMENT IN AUGUST OF 2025 & SEPARATE WATER & ELECTRIC METERS FOR EACH SIDE | Will you watch another exceptional opportunity pass you by, or are you now ready to take the next step to making this home your next long term investment?
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Our Executive Mortgage Banker:
Our Insurance Division:
$529,900
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 | $423,920 | $423,920 | $423,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.577% | 5.986% |
| Monthly Tax Payment | $386 | $386 | $386 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,542 | $2,645 | $3,520 |
| Total Monthly Payment | $3,020 | $3,123 | $3,998 |
* 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.