Under contract-accepting backup offers. **BRAND NEW ROOF JUST INSTALLED 10/15/24!!**Take advantage of a seller paid promotion. The seller will credit the buyer $14, 847 towards their closing costs and prepaid items at closing, which could include a rate buy down, on any full price offer accepted by 11/30/24. **Welcome to this well-maintained 4-bedroom, 3-bathroom home with a 3-car garage and pool, offering 2, 204 sqft of living space in the desirable Waterford Lakes community of Bridge Water. While this home could use some updating, it has tons of potential. The primary bedroom features a large tub, separate shower, and an expansive walk-in closet. The second bedroom includes its own private bathroom, making it perfect for guests or family. The remaining two bedrooms share a bathroom with direct pool access. The spacious kitchen, with its bar top, seamlessly flows into the living area, which overlooks the screened-in pool and fenced backyard. This home is located in a community that boasts two community pools, a playground, two clubhouses, a fitness center, and tranquil ponds, all beautifully maintained for a serene environment. You'll enjoy easy access to the 408, making for a quick commute to various parts of Central Florida. The home is also in close proximity to UCF and near Waterford Lakes Town Center, which offers a variety of shopping, dining, and entertainment options. It's also conveniently located near Research Parkway, ideal for professionals working in the area, and just a short drive from Central Florida attractions like beaches and wetlands.
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Our Executive Mortgage Banker:
Our Insurance Division:
$494,900
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 | $395,920 | $395,920 | $395,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $506 | $506 | $506 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,634 | $2,601 | $3,339 |
Total Monthly Payment | $3,215 | $3,182 | $3,920 |
* 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.