Under contract-accepting backup offers. Take a look at this lovely, spacious lakefront home in the desirable East Orlando
neighborhood of Wedgefield. This 2480 sq ft +/- home has four bedrooms, three full
bathrooms, a formal living and dining area, and a large Florida room with hardwood
floors and a built-in bookcase. The spacious owner’s suite has a door to the relaxing
lanai and a large bathroom featuring a garden tub and a separate shower. The
roomy, well-appointed kitchen, with a new refrigerator, has lots of counter space and
cabinets, a breakfast bar, and a breakfast nook overlooking Lake Mallard.
This home also features a huge, breezy, screened lanai, approx. 519 sq ft +/-, which
overlooks the beautiful Lake, with a bounty of Florida wildlife, and also provides a great
seat to view the Cape Canaveral space launches. There is a laundry room equipped
with a washer and dryer, a laundry sink, a folding counter, and handy shelving. The home
also has a two-car, attached garage, and the HVAC system has an assumable warranty. The exterior of this
home has been freshly painted and has a durable tile roof. The well-kept landscaping
features three attractive and calming water fountains, one in the front yard and two on the lanai. The
Wedgefield community has a rural feel, yet it is just minutes away from a great variety of
dining, shopping, and entertainment choices, and is close to the University of Central
Florida, the Central Florida Research Park, the Kennedy Space Center, and naturally,
the awesome Atlantic beaches. The HOA is optional, but if you join it's only $50 for each adult owner a year. This community also features a golf course (membership is extra), a restaurant, and a
playground, and pets are welcomed and loved. Schedule your showing appointment
today! This just might be the home you are looking for.
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Our Executive Mortgage Banker:
Our Insurance Division:
$404,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $323,200 | $323,200 | $323,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $539 | $539 | $539 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,150 | $2,123 | $2,726 |
Total Monthly Payment | $2,764 | $2,737 | $3,340 |
* 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.