🔥Seller Financing Opportunity in Williamsburg🏠

James City County, Williamsburg, VA, 23188
Sold
Listed at: August 5th, 2024
Price
$560,000
Sq. Footage
2682
Type
Single-Family
Parking
Driveway
Year build
2000
Lot size
0.41 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
1
Summary

Great flip or buy & hold opportunity in quiet family-friendly neighborhood! 

Contact: Dispo Manager (Nick Mason) 804.385.8303

Property Details:

  • Single Family:  4bed, 3bath, 2682sqft, 2000 year build
  •  Subject- To Deal Breakdown
  • Entry fee: $55,000 (Closing Cost, Assignment, Cash to Seller,Rehab(if needed), and Holding Costs)
  • Monthly Payment: $1,959.01 (to mortgage only
  • STR: Average nightly rates range from $164 to $317 (Zumper - Apartments for Rent & Houses)​.
  • MTR: Generally, these can range between $1,500 to $3,000 per month based on similar properties in the area (Zumper - Apartments for Rent & Houses)​.
  • LTR: Monthly rates are approximately $2,500 to $3,500 (Zumper - Apartments for Rent & Houses)​.

Mortgage Details

  • Mortgage Balance: $288,175.31  
  • Interest Rate: 4.25% 
  • Lender: ShellPoint Mortgage Servicing
  • Loan Type: Conventional
  • Length of Loan: 30yr - (27yrs remaining)
  • 2nd position lien (seller equity): 271,824.69 NO PAYMENTuntil balloon in 7 years.
  • Balloon: 7yr Balloon
  • PITI: $1,959.01

Additional Disclosure:

  • Property Is being Sold AS-IS
  • $5,000 NON- Refundable EMD Required, If Title is not clear, buyer will be refunded
  • Photocopy & Proof of Funds Required, before Scheduling Walkthroughs
  • Buyer will pay All closing Cost + Both Sides of Transfer Tax
  • Real Estate Agents & Wholesalers Are Welcome, Please Add you Fee/ Commission on top of Asking Price
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nick Mason

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Disposition manager