Welcome to 10533 Shalimar Street in New Port Richey—where opportunity meets the charm of an expansive, private lot! Sitting on five lush, wooded lots, this single-wide mobile home is a diamond in the rough with endless possibilities. Picture this: you’re tucked away on a serene, unpaved, private street (Shalimar), while the back of your property fronts on a paved, public road (Olsen), offering you easy access and an extra hint of exclusivity.
This 2-bedroom, 2-bath home has all the essentials for a cozy retreat. The spacious kitchen, complete with a central island, opens into a dining area perfect for meals or game nights. There’s even a laundry closet for convenient inside laundry. The primary bathroom offers a standalone shower, and several windows have already been upgraded to double-paned PVC for added comfort and efficiency.
Outside, a sprawling wood deck and a large Quonset Hut provide the space you need for projects, storage, or hosting get-togethers under the trees. And here’s the exciting part: two of these five lots *may* be divisible and buildable with the addition of utilities, giving you potential investment or expansion opportunities.
So, whether you’re a fixer-upper enthusiast or an investor looking for your next project, this hidden gem on Shalimar Street is ready to become your own. Bring your vision, roll up your sleeves, and let this property’s potential unfold! *Buyers to do their own due diligence to see if the lot could be subdivided or improved. Do not rely on representations by owner or listing agent. Owner never occupied the property.
Total of . 44 acres (3 lots on Shalimar are approximately 105' x 110' and 2 lots on Olsen are approximately 70'x110').
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Our Executive Mortgage Banker:
Our Insurance Division:
$96,000
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 | $76,800 | $76,800 | $76,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $17 | $17 | $17 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $517 | $510 | $648 |
Total Monthly Payment | $609 | $602 | $740 |
* 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.