Looking for your own little move in ready Love Shack minutes from Downtown Mount Dora with No HOA? Well here it is!! Love lakes, boating and fishing? Public boat ramp is close by and easy to access. This 1000 sqft 2 bed, 2 bath home is wonderfully bright and airy as each room is flooded with natural light. What? a Bonus room too?? Bonus room (10x14), Just off the Main bedroom, could easily be used as a flex space for an office, nursery, or even a 3rd bedroom. Just perfect for both the "Just starting out'" crowd and the and "Empty Nest" bunch alike, this Cozy intimate space was completely remodeled just 2 years ago, including new floors throughout, and elegantly updated kitchen and bathrooms. Centrally Located in the heart of Lake County's golden Triangle, this quaint little bungalow sits on a dead end road, creating a great sense of peace and privacy. Only a minutes drive to all the events, restaurants, and shopping they provide. This sweet home is 30 minutes to the center of Orlando and Easy access to all of Central Florida's major arteries putting all Florida has to offer within your grasp. This home would be perfect for the 1st time homeowner or make a great addition to a rental portfolio. This one could easily be used as a year round rental or Air BNB. Don't miss out on this hidden Gem!!
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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 | $212,000 | $212,000 | $212,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $111 | $111 | $111 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,428 | $1,409 | $1,788 |
Total Monthly Payment | $1,614 | $1,595 | $1,974 |
* 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.