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Charming Triplex Investment Opportunity in Rotonda West!
Unlock the potential of this fantastic income-producing triplex, nestled in the desirable Pebble Beach area of Rotonda West. This well-maintained property offers three spacious units, each approximately 1, 000 sq ft, providing an ideal setting for comfortable living and savvy investment.
Each unit boasts an open floor plan that seamlessly integrates the kitchen, complete with a bar top, with the inviting dining and living areas. You’ll find 2 cozy bedrooms, a thoughtfully placed full bathroom, and a convenient half bath that enhance the functional design of each unit. Tenants will appreciate their own private entry and a delightful screened porch extending from the living room, perfect for relaxation.
Built in 2004 and updated with a brand-new roof in 2022
The porch also cleverly houses the laundry room and additional storage space for the hot water tank.
Situated a short drive from the stunning beaches of Cape Haze, Boca Grande, and Englewood, this property offers lifestyle convenience and leisure. Rotonda West is known for its golf courses and the scenic Cape Haze walking and bicycle trails, making it a sought-after spot for tenants and owners alike.
Seize this incredible chance to add a remarkable asset to your portfolio or begin your journey as a real estate investor. Contact us today to arrange a private showing and explore the possibilities that await!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $868 | $868 | $868 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,244 | $3,416 | $4,353 |
Total Monthly Payment | $4,204 | $4,376 | $5,313 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.