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One or more photo(s) has been virtually staged. Want to live like you're in Key West? Check out New Port Richey's newest waterfront community; the Cottages at Oyster Bayou! This 1/2 Duplex features 2 bedroom 2 bathrooms and is all new construction. You will absolutely love the finishes inside and out! This home features all block construction, metal roofing, a instant hot water heater, and all new impact rated windows. PVC Decking dresses the steps up to your cottage and the waterfront porch that over looks the beautiful Bayou. Enjoy having a boat ramp in the community with Gulf access. Inside, you will love all of the brand new finishes including luxury vinyl, shaker custom cabinetry, and all new appliances including a gas stove. The high ceilings, bring in lots of natural lighting and the open floorplan combines the living and dining room with the kitchen, perfect for entertaining. The lower level bedroom features laundry access for a stackable washer and dryer. Upstairs, there is a primary bedroom with an en-suite bathroom and a spacious closet. This community is conveniently located right off of US 19 with easy access to downtown New Port Richey, which has a lot of events all year around at Sims Park and lots of restaurants and shoppes. You are also only a mile from Green Key Beach! Don't miss your opportunity to own a slice of paradise within an innovative neighborhood that is golf cart friendly and allows RVs, with sewer and power hook ups on each lot! The community will have a covered outdoor pavilion, firepit, playground, and dog park all in the making. This neighborhood is also investor friendly inside the city of New Port Richey allowing short term rentals! Grow your investment portfolio and schedule a tour today!
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$464,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $371,920 | $371,920 | $371,920 |
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% | 7.050% | 6.132% |
Monthly Tax Payment | $110 | $110 | $110 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,320 | $2,443 | $3,113 |
Total Monthly Payment | $2,505 | $2,628 | $3,298 |
* 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.