One or more photo(s) has been virtually staged. IN TOWN LOCATION!! RIGHT IN THE HEART OF DOWNTOWN VENICE! ENJOY STEPPING RIGHT OUT YOUR DOOR TO GO TO THE VENICE THEATER, RESTAURANTS, BOUTIQUE STORES, FARMER'S MARKET, OUTDOOR CONCERTS AT THE GAZEBO AND MINUTES TO VENICE BEACH! This home is situated on an oversized lot with beautiful plantings and was featured by the Venice Area Garden Club in 2014 for their award-winning garden design. A brand new roof was just installed and the exterior was just freshly painted. The lanai has new screening 2023 and the HVAC was installed in 2021. The spacious pool is solar heated and has an outdoor kitchen making it so enjoyable for entertaining along with an outdoor shower. The interior of the home is complimented with terrazzo floors throughout and a gas fireplace. The chef style kitchen has stainless appliances and a commercial quality range vent with solid counterops. There is a separate storage shed and also workbench in the garage. The house is wired for a generator and has hurricane shutters. This portion of Nassau Street is not a thru street so it lends itself to less traffic and abit more quiet. A rare and special find especially for somone who wants to live right in the heart of our Beautiful Historical Downtown Venice!
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Our Executive Mortgage Banker:
Our Insurance Division:
$924,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $739,920 | $739,920 | $739,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $660 | $660 | $660 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,923 | $4,738 | $6,548 |
Total Monthly Payment | $5,675 | $5,490 | $7,300 |
* 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.