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Welcome to 3742 Martin St. in the desirable Conway Estates area and offering a rare combination of comfort today and opportunity for tomorrow. Inside, you'll find a functional split floor plan, beautiful original hardwood floors, a thoughtfully updated kitchen (2023), spacious living areas and roof replaced in 2021, blending timeless character with modern updates. On an exceptional approximately 15, 000-square-foot (100-by-150-foot) homesite, the expansive backyard offers endless possibilities for entertaining, future additions, a pool, or simply enjoying the privacy that comes with one of the larger lots in the neighborhood. Beyond the home itself, the property presents a unique investment opportunity. Zoned R-1 with Low Density Residential (LDR) Future Land Use, Orange County has advised that the parcel is eligible to be divided if vacant, creating the potential for two buildable homesites (buyer to verify all subdivision requirements and approvals). Whether you're searching for a move-in-ready home with room to grow or a property with long-term redevelopment potential, opportunities like this are exceptionally rare. Conveniently just minutes from downtown Orlando, SoDo, Orlando Health, shopping, dining, major roadways and Orlando International Airport.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$489,900
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 | $391,920 | $391,920 | $391,920 |
| 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 | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $290 | $290 | $290 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,347 | $2,475 | $3,255 |
| Total Monthly Payment | $2,712 | $2,840 | $3,620 |
* 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.