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Villa Cortina is a prime Shenandoah opportunity for the buyer who recognizes potential. This 1920s Mediterranean house sits on an oversized 9, 133 SF lot and offers the bones, scale, and setting to become a true standout. The main house includes 5 bedrooms and 3 bathrooms, while a detached 280 SF studio guest house with full bath offers endless flexibility as a future office, cabana, or guest space. The home’s current configuration creates a secondary living suite in the main structure, but can easily be reimagined to restore a spacious additional living room with guest bath and beautiful views toward the backyard—where there is plenty of room to create a spectacular pool, outdoor grill area, and dining terrace. A long driveway offers added convenience and potential for enhancement or covered parking. Important improvements are already done: updated PVC plumbing, impact windows and doors, upgraded electrical, 4yr old ACs, roof resurfaced 4yrs ago. Spacious bedrooms, classic architecture, and a lot with room to dream make this the ideal canvas for someone ready to transform a charming property into a stunner.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
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
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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 | $956,000 | $956,000 | $956,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,592 | $1,592 | $1,592 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,732 | $5,886 | $8,067 |
| Total Monthly Payment | $7,449 | $7,603 | $9,784 |
* 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.