Luxury Living Near Disney World! Your Dream Home Awaits you at 501 Castlemain Circle, Davenport, FL 33897! Welcome to your potential new home or investment property in the heart of the enchanting city of Davenport, just minutes away from the magic of Disney World and other exciting attractions. This tastefully furnished 5-bedrooms, 4 1/2-bathrooms house with two masters on the first floor is the epitome of luxury living and is now available for sale. Key Features: ? Prime Location: Nestled in the rapidly growing city of Davenport, this home offers unparalleled convenience with its proximity to Disney World and various other entertainment options. The neighborhood is not only safe and family-friendly, but also boasts a modern park, perfect for leisurely strolls and outdoor activities. New roof in 2022. ?? Turn-Key Airbnb Ready: This property is a true turn-key opportunity, tastefully furnished and equipped for Airbnb success. With everything in place, it's ready to go, making it an ideal investment for both short-term and long-term rentals. ?? Private Pool Paradise: Dive into luxury with your own private, expansive pool. Whether you're looking to relax after a long day or host unforgettable gatherings with friends and family, this pool area is sure to become your favorite spot in the house. ?? Two-Car Garage: Enjoy the convenience of a spacious two-car garage, providing secure parking for your vehicles and additional storage space. ??? This spacious home offers plenty of room for everyone. The five well-appointed bedrooms and four and a half bathrooms provide ample space and privacy, making it an ideal residence for families or those who love to entertain. ?? Versatile Zoning: Zoned for both long-term and short-term rentals, this property offers the flexibility to use it as your dream home, rent it yearly, or generate income through short-term rentals. Additional Features: Modern kitchen with updated appliances High-speed internet and cable TV ready. Air conditioning for year-round comfort. Pet-friendly options available. Don't miss out on this incredible opportunity. Call now!
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William Raveis Real Estate
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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 | $368,000 | $368,000 | $368,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $415 | $415 | $415 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,448 | $2,446 | $3,155 |
Total Monthly Payment | $2,938 | $2,936 | $3,645 |
* 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.