BIG PRICE REDUCTION!! Welcome to this spacious 4 bedroom single-story villa nestled in the peaceful community of Calabay Parc at Tower Lake! Perfect for a primary residence or vacation rental property, the home is designed with space and comfort in mind! The property features two living areas and two Master bedrooms, to provide plenty of space for every resident or guest to unwind and relax, and an open plan living and dining area. In the kitchen there is a charming sunny breakfast nook, and seating at a breakfast bar for those busy mornings, but dining alfresco overlooking your private pool is the perfect way to enjoy a warm and sunny evening! The outdoor dining space is situated under cover, and equipped with a ceiling fan, so that you can use the area all year long.
This property is designed to delight in the Florida lifestyle with both the living room and the two primary bedrooms opening out onto your private pool and seating area!
The first Master bedroom features a walk-in closet and leads into a large ensuite bathroom with dual sinks, sunny garden bathtub, separate shower stall, and private toilet area.
The second Master has its own beautiful view and also leads into a private ensuite bathroom. There are a further two bedrooms that share a family bathroom.
This tranquil gated community has a 24-hr guard, offering you peace of mind, as well as a beautiful fishing lake, boat ramp and pier! Whether you're a resident seeking your new home or an investor looking for your next investment property, this home is ready to welcome you! Conveniently positioned near I-4, HWY-27, Posner Park and Champions Gate you are right in the heart of everything Central Florida has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$365,000
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 | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $461 | $461 | $461 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,894 | $1,870 | $2,425 |
Total Monthly Payment | $2,430 | $2,406 | $2,961 |
* 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.