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Rent with possible option to purchase available !! If you decide to purchase this lovely home, your security deposit may be used for closing costs! Located in the Highly Sought-After- LAKE MANN ESTATES with close access to 408, in the heart of Orlando. This home features 3 bedrooms and 2 bathrooms. And has been tastefully renovated throughout. Newer roof, flooring, lighting, interior and exterior painted. Open Floor Plain with Lots of NATURAL Light. Formal Living with Bay Window Seating. Formal Dining with Bay Windows and Open Bar/ Counter, Large Kitchen With Granite Counter Tops and Stainless-steel Appliances, Dinette space next Kitchen, Family Room with a modern Ceiling Fan, Split Bedroom. The Master bedroom has an adjoined large sitting area (that could double as an area for infant or office) and double closets. Enclosed screen in patio for relaxing and entertainment that overlooks the large back yard. Extra features include an extra-large Storage space that can be used as a studio, gym, game room, media room, or office. Or add a Garage door to turn it into a 2+ garage. Their is additional tandem carport for more parking space. Large Fence back yard, no rear neighbors. No HOA, Conveniently located near shopping center, malls restaurants, attractions, colleges and major highways. Walk a very short distance and you will find Gilbert McQueen Park and boat ramp. Park includes a basketball and tennis area, covered picnic areas and playground! Owners are looking for someone that will care for this home and possibly purchasing it. Lease is for 6 1/2 months.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,200
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 | $1,760 | $1,760 | $1,760 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $12 | $15 |
Total Monthly Payment | $87 | $87 | $90 |
* 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.