Seller may consider buyer concessions if made in an offer ~ Across the way from East Lake Toho just off the Narcoossee Road corridor you will find this NEWLY BUILT/2022 home in the community of Summerly! This single story home has 4-bedrooms and 2-full baths, TILE and WOOD LAMINATE FLOORS throughout and the large backyard is fully fenced with a side entry gate. Bonus - you have no side (POND VIEWS!) or rear neighbors! This light and bright OPEN CONCEPT layout features a modern kitchen complete with STAINLESS STEEL APPLIANCES, dining area with sliding glass door access to the COVERED LANAI and a spacious living room to gather with family and entertain friends. The flooring transitions from tile to wood laminate in the bedrooms, including the generous PRIMARY SUITE with a large window for great natural light that overlooks the backyard, private en-suite bath and WALK-IN CLOSET. The remaining bedrooms share the second full bath. Residents of the Summerly community have access to a COMMUNITY POOL and playground and the proximity to Lake Nona puts all the shopping, dining and recreation you could ask for right at your fingertips. Zoned for TOP-RATED NARCOOSSEE SCHOOLS with a LOW HOA there is no need to wait for a new build - this home is READY NOW!
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$400,000
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 | $320,000 | $320,000 | $320,000 |
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 | $468 | $468 | $468 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,129 | $2,127 | $2,744 |
Total Monthly Payment | $2,672 | $2,670 | $3,287 |
* 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.