**Assumable Mortgage Opportunity with a 2.75% Interest Rate** Welcome to 209 Ocelot Drive—a generously sized 3-bedroom, 2-bath ranch-style home in Arabi offering over 2,200 square feet of living space, contemporary features, and a layout that affords both comfort and functionality. This is an excellent return on investment opportunity for investors, renovators, or owner-occupants looking to do manageable remediation to a well-appointed property.
Inside, you’ll find expansive living and dining areas with generous natural light throughout leading to a large open kitchen featuring stone countertops, mosaic tile backsplash, rich dark cabinetry, and bar-height seating at two separate counters. This amazing kitchen is also equipped with a refrigerator, built-in microwave, dishwasher, and gas range. Adjacent to the kitchen and living/dining areas, a stylish wet bar with wine rack adds an extra touch of convenience and flair. Toward the rear of the house, a spacious family room opens to a covered patio and fenced backyard—ideal for entertaining or outdoor relaxation. What's more, a Generac generator and storage shed are also included.
The oversized primary suite offers a tray ceiling, large walk-in closet, and a spacious en-suite bath with double vanities, a soaking tub, and separate tiled shower. Two additional bedrooms and a second full bath provide space and flexibility for family or guests. A walk-in pantry, large laundry room with cabinetry and a washer/dryer, plus off-street parking round out the home's amenities.
With its thoughtful layout, generous square footage, and desirable features - as well as a generator and a backyard shed - 209 Ocelot presents a compelling opportunity to add value in a fast-growing submarket just minutes from downtown New Orleans. What's more, the property is in an X flood zone and has a full coverage policy in place that can be assumed. Schedule your tour today. **Assumable Mortgage Opportunity with a 2.75% Interest Rate**
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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