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Turnkey opportunity with immediate income in place. This property features a current tenant already occupying the home, allowing you to step into day-one cash flow without the hassle of vacancy or setup. Whether you're expanding your portfolio or securing your first investment, this is a rare chance to acquire a property that is already performing. With limited inventory in the area, opportunities like this don’t last, position yourself ahead of the market and secure this income-producing asset today. Set on a spacious and private lot in Monticello, this well-positioned raised ranch offers the kind of space, setting, and flexibility that today’s buyers are actively searching for, but rarely find all in one place. From the moment you arrive, what stands out is the feeling of separation from the typical neighborhood environment. Surrounded by mature trees and set back in a way that creates both privacy and openness, the property delivers a quiet, grounded atmosphere while still being conveniently located near local amenities, schools, and major routes. The exterior presents a classic and functional raised ranch design, one of the most sought-after layouts for its versatility and practical flow. With its split-level configuration, the home naturally creates multiple living areas, giving future owners the ability to define the space in a way that best fits their lifestyle. A large driveway leads directly into a two-car garage, offering ample parking and everyday convenience. Whether you're hosting guests, managing multiple vehicles, or simply looking for ease of access year-round, this feature adds immediate value and usability.
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Our Executive Mortgage Banker:
$354,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $283,999 | $283,999 | $283,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $464 | $464 | $464 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,701 | $1,772 | $2,319 |
| Total Monthly Payment | $2,240 | $2,311 | $2,858 |
* 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.