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Investment opportunity with income from day one. Tenant-occupied through May 2027 at $1, 595/month - walk in collecting rent with zero downtime. This 2023 Palm Harbor Levy model is practically brand new and sits in Hampton Court, a gated 55+ community in Dade City where you own the land. No lot rent. That alone sets this home apart from nearly every 55+ community in Pasco County. 1, 231 sq ft of heated living space with 2 bedrooms, 2 full baths, and a bonus den that works as an office, hobby room, or guest space. The open floor plan connects the kitchen, dining, and living areas with ceiling panels, crown molding, and an oversized walk-in shower in the primary bath. Kitchen comes equipped with dishwasher, disposal, microwave, range, and refrigerator. Attached storage and a spacious 2-space carport round out the exterior. Hampton Court is gated with a heated pool, clubhouse, and the kind of resort-style amenities that keep tenants renewing and owners happy. The community is well-maintained, quiet, and has the feel of a neighborhood people actually want to live in - not just pass through. HOA is $250/month and covers common area maintenance and access to all community amenities. Located in Dade City with easy access to US-98, shopping, medical facilities, and about 35 miles north of downtown Tampa. Also a fit for owner-occupants who want to close now, collect rent through May 2027, and move in when the lease expires. Turnkey either way!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$172,000
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 | $137,600 | $137,600 | $137,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $259 | $259 | $259 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $847 | $869 | $1,143 |
| Total Monthly Payment | $1,181 | $1,203 | $1,477 |
* 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.