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This well-maintained residential property is configured as a four-bedroom, two-bathroom home with a functional layout designed to support shared living and efficient residential occupancy. Thoughtfully arranged to maximize both comfort and functionality, the property offers a welcoming residential atmosphere with strong income-producing potential.
The home features spacious common areas, multiple furnished bedrooms, dedicated dining space, and comfortable living areas designed to enhance day-to-day convenience and community-oriented living. Professionally maintained and furnished, the property is well positioned for immediate occupancy and continued operational use.
Its residential layout, established operational infrastructure, and strong occupancy potential make this property a valuable income-producing asset. Conveniently located near healthcare services, employment centers, public transportation, dining, shopping, and other essential community amenities, the property benefits from a highly desirable Delray Beach location.
This offering is part of a larger nine-property residential investment portfolio, presenting buyers with the opportunity to acquire an individual asset or explore broader portfolio acquisition opportunities. The combination of functional design, established operations, and strong market demand creates an attractive opportunity for both stable cash flow and long-term appreciation.
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:
$725,900
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 | $580,720 | $580,720 | $580,720 |
| 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 | $759 | $759 | $759 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,478 | $3,667 | $4,822 |
| Total Monthly Payment | $4,329 | $4,518 | $5,673 |
* 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.