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*** PLEASE USE CAUTION DURING SHOWINGS *** Ideal opportunity! INVESTORS, HERE IS YOUR NEXT OPPORTUNITY TO ADD TO YOUR PORTFOLIO. If you’re an investor or buyer looking for a full renovation or rebuild, this is your project! Seller has priced this home for a quick sale, giving the buyer the opportunity for a fix and flip, buy and hold, or owner-occupant looking for equity with a possible 1700-1800 sq ft available. Location! Opportunity! This spacious 3 bed/3 bath home offers a spacious layout with excellent flow and functionality. Per the seller, lot extends to the second fence in the rear. When showing/viewing the property, enter at your own risk, and please walk through with caution. Seller is not liable for injury during showings. Some areas of the floor are not safe to walk on. The owner has never lived in the home. It appears there was a fire before the seller purchased the home. The seller has no knowledge of how it was started or the history behind the fire. Shown by Appt Only – PLEASE book all showings through SHOWINGTIME. With solid bones, this property is packed with potential! Framing, Electrical, Plumbing, Windows, and HVAC are in place. This property will need to be sold As Is, Where Is, with the seller making no repairs or warranties. Price accordingly at $120, 000 to reflect the condition. Cash or rehab financing only. This home is ready for renovation and offers the perfect opportunity to customize and complete through your own design vision!
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Our Executive Mortgage Banker:
$120,000
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 | $96,000 | $96,000 | $96,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $88 | $88 | $88 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $568 | $599 | $791 |
| Total Monthly Payment | $731 | $762 | $954 |
* 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.