Beautiful 4/2/2 1872sf 2020 built home is nestled in the lovely Gated Community of River Club. This home and neighborhood did well during this storm season. This home is in an X flood zone, NO FLOOD INSURANCE IS REQUIRED! This split floor plan, light, bright home has tasteful updates. . . the kitchen has a large single stainless sink, Faucet, glass backsplash that adds a splash of color, dining area has a modern light fixture, fresh interior paint, and a large fenced backyard. There is tile through the main living area and carpet in the bedrooms. There are ceiling fans in most of the rooms. The kitchen has white cabinets, quartz countertops, stainless appliances, and island with additional seating that faces the eating area and a walk-in pantry. Looking beyond the casual dining area you can see the outdoor living space with and under roof lanai and a large fenced backyard. The lawn and bushes are maintained by the HOA. You can be working in the kitchen and still be apart of the Great room activities. The spacious Master bedroom is in the back of the home, it has a walk-in closet. The bathroom has a double bowl vanity, walk-in shower, separate water closet, and a huge linen closet. The 2nd bedroom faces the front yard. It gets great morning sun. The guest bathroom and 3rd bedroom are also in the front of the home. The 4th bedroom is down the hall located near the inside laundry room and garage. This floor plan was well thought-out! The home has smart capabilities for the front door lock and thermostat. Most of the homes in River Club have participated in "Letter of Map Revision" (LOMR) to be removed from a flood zone that requires flood insurance because the higher elevation the homes have been built on. Flood insurance is not required in an X flood zone. Come see this little piece of paradise and fall in love!
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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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $421 | $421 | $421 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,862 | $1,860 | $2,400 |
Total Monthly Payment | $2,358 | $2,356 | $2,896 |
* 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.