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At 920 16th Ave N, you don't have to imagine what living in paradise AND having your mortgage paid (by not one, but TWO INCOME PRODUCING UNITS) would be like, you get to LIVE IT! Located in Flood Zone X - NON-FLOOD ZONE and approx. 50 ft elevation according to multiple online data sources - Nestled in the gorgeous brick-paved neighborhood of Euclid-St. Paul, just minutes from Crescent Lake Park and the vibrant St. Pete scene, this property offers the Florida lifestyle you've always dreamed of. The primary 2-story home is an ENORMOUS 2374 sq ft living space consisting of 4 spacious bedrooms, 3 bathrooms, 2 living rooms, and a dedicated laundry room. Start your day with coffee on the GIANT front porch, where you will undoubtedly be greeted by friendly neighbors on their morning stroll. Grill out and chill out on either of your TWO the back decks in your fully fenced backyard where you will find plenty of gardening opportunities. Behind the main home, you will find the massive two story rental property which consists of two approx. 450 sq ft 1/1 rental properties on the second floor and 2 approx. 450 sq ft temperature controlled bonus spaces/storage rooms on the first floor, plus a laundry room which is shared by the two tenants. This fantastic property is SELF SUFFICIENT with access to well water in addition to city water and generator plug ins, and ENERGY EFFICIENT with fully installed solar panels providing significant savings. Whether you're looking to establish multigenerational living or wanting to house hack where your renters pay down your mortgage, this incredibly charming BIG YELLOW HOUSE is teeming with potential. Schedule your showing before it's gone!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,680,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,344,000 | $1,344,000 | $1,344,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | $1,112 | $1,112 | $1,112 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,166 | $8,495 | $11,616 |
Total Monthly Payment | $9,403 | $9,732 | $12,853 |
* 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.