Perfect Family Home with detached 320 square ft efficiency apartment, a great Investment Opportunity Less than 3 Miles to the Beach! Live in the main home and rent out the quaint cottage for year-round income. Xeriscaping in the front yard, a new garage door, and new privacy fencing offer you peace of mind for the exterior. Inside the main home you will love having tile flooring in the main living areas and the granite countertops and soft close wood cabinets in the kitchen. A cozy dinette will be the perfect spot to enjoy your morning coffee or a family dinner and the sliding doors that access the screened lanai will allow you to open this space for additional entertaining area or letting the gentle salty breezes sweep through the home. Both carpeted bedrooms feature reach-in closets and the shared updated bathroom has a beautiful granite topped vanity and nice shower/tub combo. A convenient laundry area and half bath is located in the single car garage. A good sized backyard with Oak shade tree, privacy hedge outside the lanai and paver patio provides you with many unique opportunities to create a wonderful space for enjoying outdoor living. The guest cottage will be perfect for those looking for additional income, your own artistic retreat, or perhaps a multi-generational set-up. Consisting of gorgeous tongue and groove ceiling throughout the open living of this efficiency style design. A combo living, dining, bedroom with kitchenette offers so many possibilities, simply bring your imagination and make it spectacular. A walk-in shower and single sink vanity compliment the bathroom space. Located close to everything in Englewood you will be able to easily enjoy the weekly Farmer’s Market on Dearborn, listen to live music at one of the several tiki bars and restaurants after a trip to the beach, take in a ballgame at one of the two major league Spring Training Facilities, visit one of the many nature parks or hike the trails for exercise. No matter what you enjoy, you will find everything within close proximity. Venice Beach and Downtown is less than 15 miles away and Port Charlotte is less than 17 miles away, you will be right in the middle of all the hub and activity of the area, yet enjoy the privacy and small town charm Englewood provides. This home has so much to offer, don’t delay, make an appointment to see this home today.
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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 | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $134 | $134 | $134 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,333 | $2,331 | $2,946 |
* 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.