Great investment opportunity in the up and coming downtown New Port Richey!! This adorable vintage duplex has charm and functionality, just a block from Orange Lake, Sims park and situated right behind the NPR library. This property has 2 beds and 1 bath in each unit. The unit on the West is stripped down to the studs due to a small fire and has the garage access. The unit on the East has fresh paint with updated kitchen and bath and all new paint. Both units have backdoor access to a shared backyard that is fully fenced with with 6' PVC across the West side and back. New Roof in 2019. New A/C unit on West side in 2020, and on East side in 2024. What a great property just steps away from all that downtown NPR offers! Live in one side while redoing the other, be front and center at all the events, festivities, parades, dining and nightlife. Hurry up and take a look at this gem while it lasts!
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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 | $196,000 | $196,000 | $196,000 |
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 | $322 | $322 | $322 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,304 | $1,303 | $1,681 |
Total Monthly Payment | $1,701 | $1,700 | $2,078 |
* 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.