Welcome to Cotee River, an enchanting 55+ coop community nestled between the serene Cotee River and downtown New Port Richey. This community offers a tranquil and rejuvenating lifestyle while being within close proximity to the conveniences of city living. Conveniently located less than a mile from downtown New Port Richey and US-19, this community provides easy access to quaint shops, restaurants, and parks for leisurely pursuits, as well as all the stores for daily needs. Additionally, the nearby Grand Boulevard Park offers a range of outdoor amenities, including swing sets, picnic tables, benches, and a boat dock.
Nestled next to the clubhouse, this home is an affordable 2-bedroom, 1-bathroom single-wide move-in ready, including central AC, furniture, and a hot tub. Inside, the living room, dining room, and kitchen seamlessly flow together, creating the perfect space for hosting guests. The two bedrooms provide flexibility for accommodating guests or creating a home office, and the full bathroom features a walk-in shower. Outside, a storage shed houses a washer and dryer.
If you are interested in this home, please note that it is available for cash purchase only, and the association requires a credit score of 700 or higher. Keep these requirements in mind as you consider scheduling a showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$64,999
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 | $51,999 | $51,999 | $51,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $93 | $93 | $93 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $346 | $346 | $439 |
Total Monthly Payment | $514 | $514 | $607 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.