RARE OPPORTUNITY to own a DOWNTOWN LAKEFRONT HOME! 88' feet of waterfront on Rock Lake, a private spring-fed lake, with skyline views of downtown Orlando and sights & easy access to major attractions. The open living, dining & family room space boasts windows & French doors that let the natural light in. The large living room has built-in-shelves and a gas fireplace with a stone mantle & granite hearth. The family room and kitchen overlooks the backyard with views of Rock Lake. Nice sized updated (2016) kitchen with all appliances, tile backsplash & granite counters. A pocket door from the living room leads to a sitting area and 2 bedrooms. The master bedroom has a large walk-in closet & attached bath suite with a tub & walk-in shower. Another bedroom off of the sitting area has amazing built-in shelving, electric fireplace & a "hidden" closet. On the other side of the house is a large bedroom with attached bathroom. The large backyard will provide hours of fun & entertainment as you head out on the lake! Other updates: New AC (2023), New garage door (2022), 20KW Generac Generator (2014), 2 Rinnai tankless gas water heaters, Roof (2008, seller will credit buyer or replace roof prior to closing). This home is in Spring Lake Manor neighborhood which is just minutes from Country Club of Orlando and work, dining, night life, sports & entertainment in downtown Orlando. Close proximity to major roadways and theme parks, bring your water toys and enjoy the Lakefront life. More pictures coming soon. Schedule your showing today!
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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 | $351,200 | $351,200 | $351,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $98 | $98 | $98 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,337 | $2,334 | $2,962 |
Total Monthly Payment | $2,510 | $2,507 | $3,135 |
* 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.