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New Construction! Welcome to this newly built 'Modern Farmhouse"-style home. This home is located in what many are now calling the "College Park North" redevelopment area. This showpiece is located in 32804 zip code, near Downtown Orlando. The owner of this home will enjoy their home sitting on its own lot, with no HOA board restrictions, and no HOA fees. This home is near shopping, fitness centers, and every convenience a person could need. Approaching the home, visitors will be greeted by impressive textural styling that sets the tone for this impressive property. According to the Appraiser; ' this area is in “Growth-Mode”'. This is great news for further economic benefits for the future owner. More so, this home offers spacious, oversized interior and 10 foot ceilings, an open floor plan, two stories, four bedrooms, three bathrooms, and a two-car-garage. This Modern Farm-Style custom home has a total of 2, 391 square feet. Thie new owner saves hundreds dollars each month with no HOA fees, no CDD, and or sewer cost. Within minutes from Winter Park and urban Downtown Orlando this location allows for leisure lifestyle with access to; theaters, sporting events, museums, parks, lakes, biking trails, the many Winter Park and Downtown Orlando community activities and art-events. The modern kitchen features white shaker cabinets, quartz counters, and a vented-to-exterior range hood, ample bar seating at the two-toned island. A perfect spot for hosting dinner parties or enjoying casual meals with friends & family. The stylish pendant lights and chandelier set the perfect ambiance for all types of occasions. The owner will make memories living in this trendy home and it's ideal and forward growth location. The common area flooring is a beautiful and durable wood-look tile, adding warmth and style to the space. This home offers ample storage, parking and privacy, located on a quiet street, and it’s proximity to great schools, ample shopping, fitness centers, soccer complex, College Park & Winter Park experiences, and more. Features of this incredible property include an irrigation system and two-car garage with driveway-pavers. While you retreat to your stylish master bedroom, complete with berber carpet and walk-in-closet, and a spa-like bathroom with modern mirrors and glass tile. Two additional bedrooms face the front of the home. A fourth bedroom/ home-office are located on the first floor, with a conveniently located full bathroom. Owners family will be very comfortable with this great floor plan and central location. Construction has just been completed and home is ready for a quick move in. This luxury living is a great opportunity, and not expected to last, hurry! ****Developer is offering a rate buy down, and a 10 Warranty on major structural components, with acceptable offer***
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William Raveis Real Estate
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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 | $564,000 | $564,000 | $564,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $168 | $168 | $168 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,800 | $3,749 | $4,836 |
Total Monthly Payment | $4,060 | $4,009 | $5,096 |
* 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.