3RD FLOOR BABCOCK NATIONAL ANNUAL RENTAL w/ SOCIAL MEMBERSHIP
Spacious and spectacular, Pet Friendly to Cats & Dogs! This unfurnished annual rental offers an additional Exterior Storage Closet directly across the hall from the unit! This BRAND NEW in 2024, Arbor Model Terrace condo offers an open and inviting 1120 square feet of living space. You'll love the open-concept living room and kitchen space with a large island, GE appliances and plenty of cabinet space.
The Owner's suite boasts a large walk-in closet and inviting bathroom with a walk-in shower. The 2nd bedroom offers plenty of room as well as an adjoining full bathroom.
The screened rear lanai overlooks the Golf Course and Sparkling Lake. The location of this building is this unit is highly desired. You are right next to one of the Satellite Pools, which offers an Outdoor Barbecue Grill. Across from the building is a peaceful, private preserve area.
The Babcock National Amenity Center includes a clubhouse, restaurant, tennis and pickleball courts, resort-style pool with lap lanes and spa with a tiki bar and a state-of-the-art fitness center, along with a sauna and Day Spa for your use. The Clubhouse and Restaurant will be coming in the near future.
Living in Babcock National awards you access to the Babcock Ranch amenities which include:
2 pools, Gas fireplaces and grill cubicles for entertaining, tennis courts, bocce ball courts, pickleball courts, basketball courts, open field areas. For an additional cost, there is a 2-story fitness center that provides physical therapy treatments, lap pool, free classes, weights, basketball court, Pilates studio, massage center to name a few.
Along with these amenities, downtown Babcock Ranch gives you the Lakehouse Restaurant, Slaters Provisions, Coffee Shop and Ice Cream Store, Security office, walking trails, and many small businesses.
This unit is rented annually and is Pet Friendly. Up to 2 small / medium size pets are allowed. Tenant pays the electric bill each month. Owner pays the Internet, HOA Fees, Lawn care and Pest Control. HOA fees for Babcock National are required prior to move-in.
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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 | $1,600 | $1,600 | $1,600 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $11 | $11 | $13 |
Total Monthly Payment | $86 | $86 | $88 |
* 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.