1st FLOOR BABCOCK NATIONAL ANNUAL RENTAL w/ SOCIAL MEMBERSHIP
This luxury Terrace Condo is Pet Friendly to Cats & Dogs. The unit is being offered unfurnished, as an annual rental. There is assigned Covered Carport Parking for 1 vehicle as well as guest parking right outside of the building. There is also an additional Exterior Storage Closet which is directly across the hall from the unit.
This BRAND NEW in 2024, Arbor Model Condo by LENNAR, offers an open and inviting 1120 square feet of living space. You'll love the open-concept living room, dining room and kitchen space. There is plenty of room at the large island / breakfast bar, Stainless Steel GE appliances and plenty of cabinet & storage space. The Owner's suite boasts 2 large walk-in closets and an inviting bathroom with a walk-in shower. The 2nd bedroom offers plenty of room as well, with a generous closet as well as an adjoining full bathroom. The ground level screened rear lanai overlooks the Golf Course and Sparkling Lake. The location of this building is right next to one of the Community Satellite Pools, which offers an Outdoor Barbecue Grill. Across from the building is a peaceful, private preserve area. The Tenant is responsible for the Monthly Electric Bill. The owners pays for the HOA Fees, High Speed Internet, Landscaping, Pest Control, Water and Sewer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000
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 | $1,600 | $1,600 | $1,600 |
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 | 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.