New roof coming soon, will have 10 year wind warranty! Stunning custom home backing to conservation space! This property features 3 bedrooms, a den and a bonus room plus 3 full and 2 half bathrooms. The expanded garage accommodates 2 cars plus a golf cart and has lots of storage space. The home boasts a split floor plan, 2 new HVAC systems and a new water heater installed in 2019 along with 9 new windows and a roof that was replace in 2015. Solid surface flooring extends throughout the living areas. The foyer includes a coat closet and leads to a formal living room and dining room. The kitchen is equipped with stainless steel appliances, including a cooktop, wall oven, and built-in microwave, along with an island and ample pantry space. The family room features a fireplace, and the large upstairs bonus room offers even more storage. The spacious master bedroom has a tray ceiling, a large walk-in closet that doubles as a storm safe room, split vanities, a garden tub, and a shower enclosure. The guest suite includes two bedrooms and two bathrooms. Additional features include an office/den, a huge inside laundry room with washer and dryer and extra refrigerator, a screened lanai, a birdcage patio off the master, a natural gas line for your grill, and space for a pool with existing rough-in. The home also includes an in-wall pest system, an alarm system, and a transferable termite bond through Florida Pest. Royal Highlands is a premier Pringle resident-owned gated community with amenities to suit all tastes. You get two pools with one indoor and one outdoor, lighted tennis courts, 18 hole golf course, restaurant and pro shop, and a recreation center with numerous activities such as billiards, fitness center, activity rooms, a library, grand hall for social functions, concerts and plays, bocce ball, pickleball, shuffleboard, softball, a driving range and putting practice. The HOA fee also covers Xfinity cable and high-speed internet for three TVs, plus secure RV and boat storage. In addition, the location is convenient to the turnpike, the airport and Orlando attractions, as well as the full-service Orlando Health South Lake Hospital emergency center.
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Our Executive Mortgage Banker:
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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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $405 | $405 | $405 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,710 |
Total Monthly Payment | $3,424 | $3,421 | $4,207 |
* 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.