Discover the charm and potential of this historic 1930 fixer-upper, perfectly positioned along a gorgeous riverfront road surrounded by beautifully restored and well-maintained historic homes. With dual access from both Riverside Drive and Florence Court, this property offers convenience and flexibility in addition to its rich character. This two-story main house exudes charm, offering a spacious layout ready for your personal touch. On the first floor, you'll find a living room and dining room, a full kitchen, and a bedroom with an attached bathroom, all waiting to be revitalized into a warm and welcoming space. Upstairs, the second level features another full kitchen, a bedroom, and a bathroom, along with a cozy living room that offers stunning views of the river, making it the perfect place to unwind. Adding to the property's appeal is a remodeled secondary home, ideal as a guest house or rental opportunity. This additional structure has been updated with durable vinyl flooring, a modern kitchenette featuring butcher block countertops, and soft-close drawers, offering a move-in-ready space with contemporary finishes. Outdoor amenities include a private dock located just across the street, providing direct river access. While the dock requires TLC for a new rebuild, it holds incredible potential for creating your own waterfront retreat, whether for boating, fishing, or simply enjoying the peaceful scenery. Situated near local shopping, dining, and entertainment, this property combines historic charm, investment potential, and a prime location. Whether you’re looking to restore a piece of history or seeking an income-generating property, this river view home offers endless possibilities to bring your vision to life. All information deemed accurate but cannot be guaranteed. Main house roof is 2017. All information deemed accurate but cannot be guaranteed. Main house roof is 2017. Per City, short term and long term rentals allowed with properly acquired business tax license.
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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 | $612,000 | $612,000 | $612,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $502 | $502 | $502 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,072 | $4,072 | $5,206 |
Total Monthly Payment | $4,666 | $4,666 | $5,800 |
* 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.