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This townhouse is great with an END-UNIT with no neighbor or no house in one side with spacious GREEN field you can watch and your kids can run and play and you can watch them from your own kitchen, living room, or patio from the first floor. EXTRA WINDOWS and MORE NATURAL SUNLIGHT from your own living room or kitchen provide the extra breathing that only end-unit can provide. When you go out to the patio, you can directly reach the green field and enjoy a BBQ party with no neighbor in one side. An additional special feature of this property has a spacious PRIVATE GARDEN outside of the townhouse you can grow vegetables and/or flowers in addition to the front and side garden areas. All of these make a family-friendly comfortable living environment.
This property has TWO UNITS in ONE house: Unit 1: front lockout/in-law suit unit (1 bedroom, 1 full bathroom, kitchen and living room) & Unit 2: main/back unit (3 bedrooms, 2 full bathrooms, kitchen, living room, dining room, and patio). This home can serve for multiple purposes: a. Investors who look for rental income with a good rate of return (RoR) by being able to rent two units together or separately; b. a group of families with parents, young adults, or two families in separate units; c. renting one unit for income producing while family living in another unit comfortably; d. hosting personal guests or short-term rental guests in one unit while living in another unit. Currently the 1/1 unit is occupied with tenants while the 3/2 unit is vacant.
As you enter, you pass stairs that take you upstairs to the 3 bedrooms. Downstairs you have your kitchen, dining room, and living room. Your sliding doors take you to an open patio with lots of space. All of the 3/2 unit has been NEWLY repainted with NEWER refrigerator, stove and oven, and dishwasher. All the countertops of the kitchen and two bathrooms in the 3/2 unit were done NEW. You also have a 1 bedroom and 1 bath attached in a law suite with NEWER kitchen cabinet, NEWER AC, and NEWER microwave.
This community features many amenities including a club house; interior kiddy play-area, large pool with vast deck area; kiddy pool; sand volleyball; sauna; steam room; spa; gym; volleyball; basketball; tennis courts; dog park; playground; child care center inside the community. Living here, you are just a short commute to Walt Disney World as well as other attractions and is close to the U. S. Highway 192, U. S. Highway 27, and Interstate 4, so you can easily navigate Central Florida. Shopping, dinning, and other recreation are also close by: Publix one mile away; Walmart (4 miles); Lowe’s (4 miles); Disney (less than 10 miles away). Davenport is one of the fastest growing communities in central Florida. A fantastic opportunity to own this sweet home for your lovely family or an excellent investment opportunity for double rental income opportunity with one property.
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RVP, Mortgage Banker
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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 | $248,000 | $248,000 | $248,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $316 | $316 | $316 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,527 | $1,588 | $2,076 |
| Total Monthly Payment | $1,918 | $1,979 | $2,467 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.