If you are looking for a beautiful home on a gorgeous oversized private lot with a 3-car garage and close to the Rainbow River, you have found it! And if you are moving to Florida and you are not quite sure where to land, well, this is the best spot in North Central Florida, so check it out! First, about the home, besides the gorgeous lawn and huge yard, this meticulously maintained and recently renovated home had a new roof, HVAC, water heater, water softener, and appliances, that were all put in last year in 2023. The luxury vinyl plank throughout gives this home a clean look, the kitchen is gorgeous, and you will fall in love with the master shower! With spacious closets and bedrooms, spacious indoor and outdoor living spaces, and a spectacular park-like backyard (with a shed for all your tinkering - if the 3rd bay in the garage is not big enough), this home has it all! The Rainbow Springs Woodlands community is centrally located, and it has direct community access to the Rainbow River from the RS Community Park. It is also close to the Rainbow Springs State Park and the popular KP Hole Park, each less than 5 minutes away. And let’s not forget the important things like groceries, shopping, and great restaurants, all are within 5-10 minutes away, so this community has the bulk of what you need nearby. Once you glance at the pictures, you will quickly realize this community is unique and unlike any other! As a fellow neighbor, I can tell you firsthand that this is the lifestyle most hope to enjoy when moving to Florida! Rainbow Springs Woodlands is unique and incredible, and I, along with our fellow Realtors, look forward to sharing the experience of this special place. Call and set an appointment today!
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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 | $424,000 | $424,000 | $424,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $460 | $460 | $460 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,857 | $2,818 | $3,576 |
Total Monthly Payment | $3,409 | $3,370 | $4,128 |
* 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.