Under contract-accepting backup offers. Welcome to this charming home nestled in the well-established neighborhood of Andover Lakes. This gorgeous single-family residence offers an inviting ambiance with practical living spaces, featuring 3 bedrooms and 2 bathrooms across 1, 528 sq ft. Upon entering, you'll find yourself in the formal living room with high ceilings, seamlessly flowing into the family room and kitchen. This open floor plan is ideal for entertaining! From the family room, step out onto your spacious screened-in pool deck. The backyard is a perfect oasis for cookouts and relaxation. The owner’s suite features a garden tub, separate shower, and a walk-in closet.
Currently, the garage has been enclosed with AC; it can easily be converted back prior to closing or kept as extra livable square footage. Use it as a bonus room, man cave, home gym, or even a mother-in-law suite that can be rented out—the choice is yours! This home, and Andover Lakes, offers convenience and accessibility. This amazing and quiet neighborhood has two full playgrounds for the kiddos, as well as two sets of tennis courts and a basketball court. Nearby amenities include shopping centers, dining options, recreational facilities, A+ School in neighborhood, 417 and 408 Highways nearby, ensuring that all your needs are met within a short distance. Don't miss the opportunity to make this exceptional property your new home!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $233 | $233 | $233 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,944 | $1,944 | $2,529 |
Total Monthly Payment | $2,252 | $2,252 | $2,837 |
* 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.