HURRICANE SURVIVOR - READY FOR IMMEDIATE CLOSING!
FINANCING AVAILABLE! Location, location, location! It doesn’t get any better than this home. In a community with over 1, 100 homes and only one exit / entrance with a traffic light, this home is just one door down from the main exit of the park. In addition, it’s extremely close to the main clubhouse, which also has the pro shop for the golf course! And not only is the location great, but this is a sprawling 1400+ square foot, 3 bedroom, 2 bathroom home, perfect for your permanent residence in Florida! Palm Hill has a wide range of home ages, and this is one of the more modern ones in the park, built in 2001! In addition to the over 1, 400 square feet of heated living space, there is an additional 700+ square feet under roof, including a massive carport (part of which could easily be screened in to add more outdoor living space), and a generously sized utility room. Step inside the door under the carport, into the laundry room, complete with side-by-side washer and dryer. From here, you’ll enter the kitchen, acting as the main hub of the home, with a generously sized island, with sitting space. From here, you can go to the living room and master suite on the south end of the home, or to the dining room, two bedrooms, and shared bathroom on the north end. The kitchen, formal dining room, and living room are all interconnected. The two guest bedrooms are extremely spacious, with ceiling fans for extra ventilation, and well-equipped walk-in closets. There is certainly no shortage of storage in this home! The guest bathroom has a shower / tub combo. Heading into the living room, you’ll notice the unique windows, letting in just enough light. There is a fully functioning wood-burning fireplace, perfect for Florida cold snaps. Off the living room is the massive master suite, with linen closet, walk-in closet, seating space in the bedroom, and an ensuite bathroom, flanked by French doors. The master bathroom has a garden tub as well as a walk-in shower! This is a large home, perfect for someone looking to downsize without sacrificing too much size. Please note that due to the community being a cooperative, there are limited options for getting a mortgage.
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Our Executive Mortgage Banker:
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$250,000
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 | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $171 | $171 | $171 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,364 | $1,329 | $1,715 |
Total Monthly Payment | $1,610 | $1,575 | $1,961 |
* 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.