One or more photo(s) has been virtually staged. MOTIVATED SELLER!! 3449 Somerset Park Drive is situated in one of the 11 exclusive Lake Nona neighborhoods, offering a distinguished lifestyle. Crafted by M/I Homes, this meticulously designed residence features 4 bedrooms plus a spacious loft, 3 full baths, a grand foyer, and a private downstairs guest suite. Upstairs, the master bedroom and two additional bedrooms await, accompanied by a versatile bonus room perfect for your needs. Thoughtfully appointed with the latest upgrades and neutral color schemes, this home ensures immediate luxury upon move-in. The gourmet kitchen showcases granite countertops, 42" espresso cabinets, a kitchen island/breakfast bar, a charming window over the sink, a walk-in pantry, two custom cabinet workstations, and stainless steel appliances. Elegant stone accents, a brick paver driveway, a screened back patio, and a sizable fenced backyard enhance outdoor living and entertaining options. Somerset Park provides amenities such as electronic guard gate access, sidewalks, a community pool, playground, and includes cable and internet through the HOA. Conveniently located off Lake Nona Blvd, near MCO Airport, major theme parks, 417, 528, and Cocoa Beach. "
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Our Executive Mortgage Banker:
Our Insurance Division:
$585,000
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 | $468,000 | $468,000 | $468,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $551 | $551 | $551 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,114 | $3,110 | $4,013 |
Total Monthly Payment | $3,756 | $3,752 | $4,655 |
* 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.