One or more photo(s) has been virtually staged. BRAND NEW 2024 ROOF, BRAND NEW RAIN BIRD SPRINKLER SYSTEM & NEW 2023 GOODMAN A/C - ALL with TRANSFERABLE WARRANTIES!! No Storm Damage or Street Flooding Here! You will LOVE this LAKEFRONT ''ORIGINAL OWNER'' home in the desirable gated community of Coral Trace! This oversized, pie-shaped lot at the lake's curve gives you hours of relaxation and wildlife watching! Plenty of room inside with this 2nd largest floor plan in the community, 2, 029 sf of Living Space - featuring a split floor plan and vaulted ceilings. There are two bedrooms & guest bath as you enter and a spacious owner's suite on the opposite side overlooking the lake! The owner's suite has two walk-in closets, relaxing soaking tub, walk-in shower & double sinks. Open kitchen with wood cabinets, food pantry, snack bar counter and eat-in area. Separate formal dining, living & great rooms, or make the perfect office space! Almost every room has a LAKE VIEW! Easy clean tilt-in windows throughout. Custom built brick home by Adams Home Builders. Oversized 2 car garage with pull down stairs for easy attic access! Full Hurricane Panels included! Exceptionally well kept & popular community with sparkling heated pool, fitness room, clubhouse with kitchen, TV & entertaining space. Lawn mowing, fertilizing, trimming, sprinkler care included in the low HOA of $175. 13/month! Coral Trace is a 1/4 mile to I-95 and minutes to the new East Coast Regional Hiking & Biking Trail, Cape Canaveral, New Smyrna Beaches, restaurants, shopping, medical, fishing, kayaking & boating! The BRAND NEW ROOF has a 50 Year Shingle Warranty with 130mph Wind Rating & a 5 Year Labor Warranty with Burtis Roofing. The A/C has a 9 Year Warranty! This is an exceptional value for a lucky new homeowner! Vacant and ready for a quick closing!!
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Our Executive Mortgage Banker:
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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 | $239,600 | $239,600 | $239,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $448 | $448 | $448 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,634 | $1,592 | $2,021 |
Total Monthly Payment | $2,157 | $2,115 | $2,544 |
* 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.