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$100K REDUCTION! READY TO REIMAGINE YOUR DREAM HOME? Prime opportunity for fix-and-flip investors and new construction developers! Situated on a generous 0. 4-acre lot in a highly sought after location, this property offers 2, 670 SQ FT of existing living space with a pool already in place—an ideal foundation for a high-value resale or redevelopment project. The home has been mostly gutted, providing a true blank canvas for your vision—whether you’re looking to renovate, redesign, or build your dream home from the ground up; while also significantly reducing initial demo costs and accelerating your renovation timeline. Major improvements have already been addressed, including a recently updated roof, and impact windows are included with the property—providing added value and savings. With ample lot size, this property presents exceptional potential to expand the current footprint or build new, maximizing after-repair value (ARV). The expansive backyard offers the perfect setting to design a standout outdoor living and entertaining space that today’s buyers demand. Whether you’re looking for your next profitable flip or a prime development site, this is a rare chance to capitalize on location, lot size, and upside potential. Bring your creativity and transform this property into a standout residence or investment masterpiece. Endless potential in a prime location! DON'T MISS THIS OPPORTUNITY! SELLER MOTIVATED! Click Virtual Tour for an immersive look! Pics are virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| 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 | $312 | $312 | $312 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,036 | $5,172 | $7,088 |
| Total Monthly Payment | $5,473 | $5,609 | $7,525 |
* 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.