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Rare opportunity in established River Rapids! One street neighborhood with NO CDD/LOW HOA and on 1/2 acre. Unique home originally built in 1978 has gone through many changes over the years. This home offers 5 bedrooms, 3 bathrooms, 3 car garage, 3776 square feet and a screened pool. The floorplan has plenty of flexibility and charm. Traditional formal living and dining room greet at the front of the home and then a few steps in it opens up to- wow! HUGE family room with fireplace and views of the pool through multiple glass French doors. The kitchen is set off of the family and beyond is 1 bedroom, a laundry room and the side 3 car garage entry. Bonus room off of the family room is perfect for a home office or play area, complete with washup sink area or wet bar. Down the hall find 3 secondary bedrooms, one with an en suite bath. One of the secondary bedrooms has 3 huge windows open to the side entrance at the end of the hall (see pictures)- perfect for a studio or showroom. The primary suite has a fireplace, private open patio and walk in closets. Primary bathroom has 2 sinks and walk in closets. Storm damage is evident although this seller does not have a history on the home. Code violations exist and this will need to be taken on by the buyer and sold 'as-is/where-is'.
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Our Executive Mortgage Banker:
Our Insurance Division:
$359,000
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 | $287,200 | $287,200 | $287,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $921 | $921 | $921 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,768 | $1,863 | $2,404 |
| Total Monthly Payment | $2,764 | $2,859 | $3,400 |
* 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.