Under contract-accepting backup offers. Great location on the corner of Main Street and Madison in the heart of downtown New Port Richey. This home is currently being used as an event center, and short term rental. The main floor has 2 bedrooms and a full bath, living room (with hardwood floors), kitchen, dining room, and a bright sunroom. Down 4 steps is another full bath and two additional offices/bedrooms (they would need closets). The lower level has it's own entrance at the back and could be used as a duplex, in-law apt. , or additional living space. New windows across the front of home, second AC 2021, tankless water heater 2022, interior and exterior paint, laminate flooring, can lighting, landscaping, pavers. Home is being used as a vacation rental/event center (approx. $111/night) Downtown has so much to offer from numerous restaurants, theater, nightclubs, Sims Park with walking trail around the park along the Cotee River, splash pad for the kids, playground, outdoor concerts and movies. . . all within walking distance! This home is located in the overlay district, which does allow some office and business (with staff committee review)
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:
$439,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $351,200 | $351,200 | $351,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $155 | $155 | $155 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,426 | $2,334 | $3,011 |
Total Monthly Payment | $2,656 | $2,564 | $3,241 |
* 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.