Nestled within the beautiful Lake Gloria subdivision, this captivating home offers a unique blend of comfort, elegance, and community charm. Previously occupied by a tenant but currently vacant, this property presents an excellent opportunity for discerning homeowners or savvy investors. Boasting 3 bedrooms and 2 bathrooms, this meticulously maintained residence features an inviting layout that seamlessly combines practicality with sophistication. The well-appointed kitchen is equipped with modern appliances, ample counter space, and a convenient breakfast bar, making it perfect for both casual meals and culinary adventures. Step outside to discover your own private retreat, where a lush backyard beckons for outdoor gatherings and relaxation. Beyond the confines of your property, residents of the Lake Gloria subdivision enjoy exclusive access to a wealth of amenities, including a sparkling community pool, a playground for children to enjoy, and a community boat ramp and dock, providing direct access to the serene waters of Lake Gloria. Nestled within a gated community, this home offers unparalleled security and tranquility, allowing residents to enjoy peace of mind and privacy. Conveniently situated near major highways, shopping centers, dining options, and entertainment venues, this property provides easy access to all the best that Orlando has to offer. Don't miss your chance to experience the epitome of Florida living at 6625 Cherry Grove Circle. Schedule a private showing and discover the endless possibilities that await in this sought-after gated community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$389,999
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 | $311,999 | $311,999 | $311,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $399 | $399 | $399 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,946 | $1,896 | $1,297,397 |
Total Monthly Payment | $2,420 | $2,370 | $1,297,871 |
* 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.