Under contract-accepting backup offers. Welcome to Riverbay Townhomes located on the west side of Palmetto on the way to Snead Island and right around the corner to the Bradenton Yacht Club. This hidden gem has walking trails near the water and its very own community pool. Enter into your 2-car garage with the elevator nearby to bring your groceries up. The first level offers a 19X12 family room with its own shower bath and closet - could be used as your 4th bedroom. Next level up has gleaming hardwood floors in the living room and dining area. The spacious kitchen has ample counter space and cabinetry for storage and conveys with all the appliances. Nearby is a convenient half bath. Up top you'll find the primary bedroom and bath boasting a separate shower and soaking tub. Two more bedrooms, a full bath and the laundry closet are also on this level. This home is perfect if you have your mom and/or dad staying with you. A lot of house for the money!
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Our Executive Mortgage Banker:
Our Insurance Division:
$333,412
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 | $266,730 | $266,730 | $266,730 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $480 | $480 | $480 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,820 | $1,773 | $2,251 |
Total Monthly Payment | $2,375 | $2,328 | $2,806 |
* 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.