Come see this historic 2-story bungalow with relaxing front porch, built in 1911. This 3bed/2. 5baths, 2168 sq ft situated on a 6, 882 sq ft lot located in the historic district of Palmetto. Walk to Regatta Pointe Marina for a scenic walk under picturesque oak trees & historic homes & for plenty of dining options. Walk over the bridge to Downtown Bradenton. Luxurious bathrooms include tile, tub, shower with high-end shower head, granite accent wall and double vanity. Spacious and open floor plan with living/dining/kitchen combo, huge bedrooms, 390 sq ft master bedroom downstairs with walk-in closet and half bath downstairs for guests. Other features include laundry room and fully-fenced yard with turf putting green and grill. The yard also boasts a huge 325 sq ft screened porch that includes pass-thru from kitchen to porch. There is space for a boat. This home is a successful vacation rental and you can assume the future income.
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Our Executive Mortgage Banker:
Our Insurance Division:
$515,000
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 | $412,000 | $412,000 | $412,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $445 | $445 | $445 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,741 | $2,776 | $3,533 |
Total Monthly Payment | $3,278 | $3,313 | $4,070 |
* 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.