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6977 Edgewater DRIVE, New Port Richey, FL, 34652 | $99,500
According to analysts, there will be a 4% increase in home prices by 2025. . . and with dropping interest rates, I'd schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
The average rate on a 30- and 15-year mortgage is around 6. 0% - 6. 7%! Maybe you ought to call your lender now because as interest rates drop, the demand for housing will increase. . . so don't miss out, make the call, and schedule your showing today of this great investment.
About the property:
Do you enjoy privacy, fishing, kayaking, boating from your own backyard?
Or are you looking for investment properties to turn into long- or short-term rentals?
Or do you enjoy the beach which is just a bike ride away…
Well then read on as this might just be the right fit for you.
•Located in Florida's thriving New Port Richey, Pasco County, this is one of two properties offered for sale adjacent to one another; each containing a mobile home:
*6977 Edgewater Dr. and
*6975 Edgewater Dr.
•BOTH PROPERTIES HAVE THEIR OWN ELECTRIC METER. THE FUTURE OWNER WOULD HAVE THE OPTION OF SELLING THE TRAILERS AND MAYBE BUILD A DUPLEX OR SINGLE FAMILY HOME ON THE HOMESITE.
•The mobile home feature herein was:
-Originally built in 1967, HOWEVER in 2006, it was completely rebuilt from the inside out including plumbing, wiring, walls, bathroom, kitchen.
- In 2006, the sellers dug a 6-foot hole to the curb to install the main sewer pipe which was then city inspected. Sellers paid costly impact fees to hook the sewer and water because they loved the property so much that they put the money into it to get it to standard. So technically, this home is only 20 years as everything was built from scratch after the sellers purchased the property.
- The mobile home’s Title is attached to the listing and readily available for public view.
•The entire WATERFRONT property is enclosed by the same fence.
•WATER ACESS: Oyster Creek.
•SEAWALL: Fish right off your tranquil backyard.
•PRIVACY: No rear neighbors. . . only an ever-so relaxing view of the water and the woods.
•NO ASSOCIATION/HOA, NO HASSLES.
•Both properties have their own electric meter. The future owner would have the option of selling the trailers and maybe build a duplex or single family home on the homesite.
Properties like this are a dream to many, so don't delay and schedule that showing today!
Features
- Rooms: 4
- Bedrooms: 1
- Baths: 1 full
- Lot Size: 40W x 70D
- Laundry: Inside
- Year Built: 1967
- Garage: Off Street, On Street
- Heating: None
- Cooling: Wall/Window Unit(s)
- Approx Sq. Feet: 410
- Acreage: 0.06
- Lot Size: 40W x 70D
- Est. Taxes: $1,128
- Appliances: Range, Refrigerator
- MLS#: T3546633
- Days on Market: 96 days
- Website: https://www.raveis.com
/prop/T3546633/6977edgewaterdrive_newportrichey_fl?source=qrflyer
Listing courtesy of BARADIT PROFESSIONAL ASSOCIATION Phone: 727-371-6774
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6977 Edgewater DRIVE, New Port Richey, FL, 34652
$99,500
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $79,600 | $79,600 | $79,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
| Monthly Tax Payment | $94 | $94 | $94 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $530 | $523 | $671 |
| Total Monthly Payment | $699 | $692 | $840 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388