Dan Kaercher

Dan Kaercher

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Pending

$615,000

($178,405 down)
VA

872 NE 40th St, Oakland Park, FL 33334

N/A
N/A
1,458 sqft
PITI Monthly
$2,916.35 /mo

Listing courtesy of: Russell Johannsen, REIP Elite Realty

Assumed Rate

3.06%
7.15%

Principal & Interest

$2,022 /mo
$3,215 /mo

What's Special

PATIO

Welcome home, Just a few blocks from the Oakland Park Culinary District and nestled in your own Tropical Paradise is the Triplex you've been waiting for. You and your guests will feel like they are on vacation everyday. The front unit is a 1/1 with washer and dryer, custom cabinets in the kitchen and family room. Second unit can also be used as a efficiency with its own kitchenette for additional income. Covered patio opens to a oversized yard with tropical plants and brick paver walkways. Wood fence surrounds the entire property for privacy. Front 1/1 receives $1600.00, Efficiency $1000.00 and rear 1/1 $1650 per month. Assumable VA loan at 2.5% interest with bank approval.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.06
Remaining Loan Term
26 years, 2 months
Monthly PITI
$2,916.35/mo
Estimated Loan Balance
$505,906
Cash to close
$178,405
Interest Paid
$53,619

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: CeilingFans, Electric, WallWindowUnits
  • Heating: None
Features
  • Materials: Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Terrazzo, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Block
  • Roof: Composition, Shingle
Condition
  • Year Built: 1958
Details
  • Builder:

Community & HOA

Community
  • Subdivision: OAKLAND PARK SECOND ADD
  • Features: NonGated
HOA
  • Has HOA: No
Location
  • Region: Oakland Park

Financial Details

  • Price per Sqft: $421.81
  • Tax Annual Amount: $8729
  • On Market Date: 2025-03-18T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $178,405 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $178,405!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$436,595
Your Cash$178,405
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$2,022/mo
Traditional @ 7.5%
$3,335/mo
You save $1,313/month ($15,750/year)

*Secondary financing rates are an estimated value based on input

MLS ID: F10491874

Listing From:

Last updated: 2025-03-27T05:10:42.000Z

© , FTL. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.06%
7.15%

Principal & Interest

$2,022 /mo
$3,215 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $178,405 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $178,405!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$436,595
Your Cash$178,405
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$2,022/mo
Traditional @ 7.5%
$3,335/mo
You save $1,313/month ($15,750/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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