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This Braden Castle Park 1925 cottage is waiting for you to make it your next home! Nestled along the picturesque Manatee River, where it meets the Braden River, this 1/2 plus bonus room (small, but has a closet, window and second full bathroom) offers a rare opportunity in a very special 55+ waterfront community. The one car garage has been used as a pottery/craft studio for several years; has electricity, water and an AC split unit. Untouched by the recent storms and not located in a flood zone, this cottage is situated in a neighborhood rich with history. Listed on the National Register of Historic Places, the community is home to charming, unique bungalows that showcase its distinctive character. Residents enjoy a dynamic waterfront lifestyle with direct Gulf access, a private boat ramp, a fishing pier dedicated to the neighborhood’s many Veterans;, boat slips, and an array of recreational amenities. The vibrant community center hosts various events and activities, fostering a warm and welcoming atmosphere. Enjoy coffee on the front patio while enjoying views of the river, fishing and boating a few doors down. In the evening, sit along the riverfront and enjoy your favorite book or social time with your neighbors. Braden Castle Park takes a step back in history and is truly an exceptional place to call home. Yet, you are close to shopping, beaches, a wide variety of restaurants, historic downtown Bradenton and RiverWalk. Truly the best of both worlds.
New roof: 2022, updated electrical: 2005
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William Raveis Mortgage, LLC
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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 | $152,000 | $152,000 | $152,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $140 | $140 | $140 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $961 | $999 | $1,272 |
Total Monthly Payment | $1,176 | $1,214 | $1,487 |
* 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.