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CAN YOU SAY ASSUMABLE MORTGAGE WITH A 2. 25% INTEREST RATE??? One of the most attractive features of this property —a significant advantage that could result in substantial savings compared to today's interest rates. Discover the perfect blend of space, flexibility, and affordability that awaits you with this beautifully maintained home with mother-in-law retreat and NO HOA! Offering 3, 146 square feet of total living space with 6 bedrooms and 4 bathrooms, this unique property was thoughtfully expanded to accommodate and care for an elderly family member, creating an ideal setup for multigenerational living or extended family needs. The addition, completed in 2016, was designed with accessibility and comfort in mind, featuring handicap-accessible accommodations that make daily living easier for residents of all abilities. Whether you're caring for aging parents, welcoming extended family, or simply seeking a home with versatile living arrangements, this property provides a rare opportunity to do so with ease and independence. Inside, you'll notice a beautifully remodeled kitchen with new LG black stainless steel appliances, the freshly painted interior offers a bright and welcoming atmosphere, while an updated guest bathroom provides a charming cast-iron tub that adds a touch of timeless character, where you can soak all your troubles away. Major system updates include two A/C units replaced in 2021 and 2024, providing efficiency and peace of mind for years to come. The home's oversized septic system supports the property's expanded living capacity. Situated on a generous lot, the outdoor space offers endless possibilities for gardening, entertaining, recreation, or future enhancements. With six bedrooms already in place, there is plenty of room for large families, home offices, hobby spaces, or guest accommodations. Conveniently located near shopping, schools, restaurants, and parks, this home combines practical functionality with exceptional value. Whether you're seeking a home designed for multigenerational living, a property with room to grow, or an opportunity to take advantage of a low-rate assumable mortgage, this unique opportunity deserves a closer look. Schedule your private showing today and explore the possibilities this versatile Mulberry home has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,900
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 | $519,920 | $519,920 | $519,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | $524 | $524 | $524 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,114 | $3,283 | $4,317 |
| Total Monthly Payment | $3,730 | $3,899 | $4,933 |
* 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.