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Historic Turnkey Cottage in Astor Unique, rare opportunity to purchase a piece of Old Florida lifestyle, in this beautifully maintained, historic cottage. Located in the quaint, up-and-coming town of Astor right by the Ocala National Forest, this fully furnished gem is a proven, highly rated vacation rental. It’s a true boater’s dream with plenty of space to store your outdoor toys, making it excellent for steady side income, a personal retreat, or a peaceful downsize. The current owners also rent out one of the lots for boat storage, generating easy passive income. High & Dry: No history of flooding under current ownership (since 2017). Zoned new minisplits for energy efficient heating and cooling. Boater’s Dream: Ample space on-site for boat or trailer storage, plus access to the community boat ramp for a voluntary HOA membership of around $50/year. City Utilities: Connected to city water and sewer (no well or septic maintenance). High speed fibre optic internet just installed. Turnkey: Carefully maintained and sold completely furnished. Prime Location: Minutes from the St. Johns River, forest trails, and famous freshwater springs in a town seeing great recent investment. Bonus Expansion Opportunity: Buy the cottage alone, or bundle it with the other lots nextdoor to build additional rental units or create a large private compound,
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Our Executive Mortgage Banker:
Our Insurance Division:
$140,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $112,000 | $112,000 | $112,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $77 | $77 | $77 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $671 | $707 | $930 |
| Total Monthly Payment | $823 | $859 | $1,082 |
* 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.