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Presented by
Barbara E. Coyle |
Nestled on a quiet street in downtown St. Augustine, this restored 1905 home has long been a favorite among visitors. A wide wraparound porch greets you from the street, offering plenty of space for evenings outside, while the city hums gently nearby. Everything worth seeing is just a short walk away. The lot is larger than most in the historic district—nearly 1/4 acre—with a private backyard and a rustic shed that has been turned into a cozy speakeasy. Inside, the house is light-filled and full of character, with an open kitchen and oversized island that make entertaining easy. Three bedrooms and the main bath are upstairs; the attic, with its tall pitch, could one day become additional living space. Metal roof was added in 2012, all major systems have been updated, and the property sits high and dry with ample off-street parking. Zoned RG-1 for nightly rentals, and comes fully furnished and equipped, with a strong booking history already in place. Guest house plans. 3 units allowed. The home is surrounded with lush landscaping complete with native plants, picket fences and entry arch. Lots of development potential at this property. This lot allows for an additional structure, either a guest house or garage with an apartments above. Three units total are permitted on this site. See rendering and plans. Additionally, the attic could be converted into a 3rd story with additional living space. So many possibilities!
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
Sales Associate
William Raveis Real Estate
Phone: 860.685.1670
Barbara.Coyle@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $789 | $789 | $789 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,396 | $4,645 | $6,504 |
| Total Monthly Payment | $5,277 | $5,526 | $7,385 |
* 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.