Welcome to 6 Cove Ln, a charming WATERFRONT single-family HEATED POOL home that combines comfort and convenience in a beautiful setting. This well-maintained property is super spacious, perfect for larger households or those who love to entertain. The home features four cozy bedrooms and 2. 5 well-appointed bathrooms, offering ample space for relaxation and privacy. The interior of the house is designed to cater to a modern lifestyle while retaining a sense of warmth and welcoming. Large windows throughout the home allow natural light to flood the space, creating a bright and airy atmosphere. The gorgeously updated kitchens - one with GRANITE and one with QUARTZ - and STAINLESS APPLIANCES and dining area are ideal for hosting dinner parties or enjoying quiet family meals. This is one of the best maintained AirBnB's with financials available as the owners meticulously clean it them selves between guests as they want better than professional clean - home ownership cleaning. BEAUTIFULLY FURNISHED AND INCLUDED all with the preexisting AirBnB business with excellent online FIVE STAR REVIEWS, this could be your getaway when you want and income in between generating about $100, 000 a year in short term rentals. They are also leaving the paddleboats and kayaks with the AirBnB business they created perfect for the dock and launch pad from the fenced lot. HVAC and water heater are 2 years young. The gutter system and soffits are brand new. Electrical system was recently upgraded as well. This home is also equipped with a BRAND NEW ROOF AND POOL HEATER AND SOLAR PANELS (solar panels are a $70k value) that cut your energy expenses to about $30 a month- even with guests using it as liberally as possible. Situated in this scenic area of Englewood, this property is not just a house but a home filled with potential for making lasting memories. Whether you're a water lover or someone who appreciates the tranquility of a waterfront lifestyle, 6 Cove Ln offers a unique opportunity to experience the best of Florida living. This is not just a residence but a retreat from the everyday hustle, making it a perfect place to call home when you are not using it for passive income. THREE MILES TO THE ENGLEWOOD BEACH BY CAR! PARKING FOR AT LEAST FIVE CARS! RV parking available as well!! Waterfront restaurant Farlow's is just minutes down the canal on the way to the open waters and Gulf of Mexico beyond. Check out the INTERACTIVE 3D TOUR at https: //my. matterport. com/show/?m=f1ZyzUvosGJ (highlight link and open or copy and paste to browser if it doesn't open automatically).
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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 | $632,800 | $632,800 | $632,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $415 | $415 | $415 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,317 | $4,263 | $5,426 |
Total Monthly Payment | $4,824 | $4,770 | $5,933 |
* 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.