Unveil a remarkable opportunity to own your very own Airbnb/VRBO gem that comfortably accommodates up to six guests. Whether you seek a lucrative investment property or your private riverside sanctuary, this exceptional home offers an array of unlimited possibilities. It's not just a house; it's a canvas for your dreams.
Location and Versatility: This property is zoned for a multiple unit residence , allowing you the freedom to expand upon the existing structure or design your waterfront masterpiece from the ground up. The canvas is yours to paint upon.
Modern Amenities: Embrace the ease of modern living with a brand new 220 electrical panel, providing ample power to the entire property, including convenient RV hook-ups for your adventurous spirit.
Explore the Charms of Downtown: With the allure of downtown New Port Richey just a leisurely stroll away, you're in the heart of a vibrant community brimming with diverse restaurants, boutique shops, and local activities. This is where urban convenience meets serene riverside living.
Endless Waterfront Delights: A new floating dock and boat dock, valued at $16, 000, provide a gateway to the enchanting Cotee River. Your backyard is a serene haven where you can watch boats gracefully glide by, and even spot playful manatees. Embark on your own maritime adventures, from scalloping to world-class fishing, or simply savor tranquil moments under the Florida sun.
Rainy Days Prepared: New gutters enhance your property's resilience during the rainy season, ensuring your comfort year-round.
Versatile Garage Space: The garage offers flexibility, serving as a traditional parking space or easily transformed into additional living quarters to adapt to your evolving needs.
Enhanced Outdoor Spaces: Revel in a newly constructed concrete patio and sidewalks that grace the front, back, and side of the home, creating an inviting atmosphere for outdoor gatherings and relaxation.
Gulf Access at Your Doorstep: Discover the unparalleled convenience of a short journey from your home to the Gulf waters. Your gateway to Gulf adventures is just a boat ride away.
A Life Worth Living: If all this sounds like a dream come true, it's because it is. The Cotee River House represents a unique opportunity to embrace the good life. Call us today to arrange your private showing. Your new life of riverside serenity and Gulf excitement awaits.
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Our Executive Mortgage Banker:
Our Insurance Division:
$421,000
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 | $336,800 | $336,800 | $336,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.308% | 6.644% |
Monthly Tax Payment | $348 | $348 | $348 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,326 | $2,269 | $2,911 |
Total Monthly Payment | $2,749 | $2,692 | $3,334 |
* 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.