Under Construction. Welcome to this exciting new construction project, a charming and affordable cottage home in the desirable Lake Weir Heights neighborhood, just a quick drive to the scenic Lake Weir. This home offers an excellent opportunity to experience comfortable living with its well-designed features. Key Features: Spacious Rooms: Enjoy the luxury of generously sized rooms, providing plenty of space for relaxation and everyday activities. Open Kitchen: The home features an open kitchen layout, creating a seamless flow between the kitchen and living areas, perfect for entertaining and family gatherings. Elegant Kitchen Upgrades: The kitchen will showcase granite countertops, adding a touch of elegance to your culinary space. Stainless steel appliances provide modern convenience and functionality. Stylish Flooring: The choice of vinyl plank flooring enhances the home's aesthetic appeal while offering easy maintenance and durability. Country Porch: Picture yourself unwinding on the charming country porch located at the front of the home. It's an ideal spot to enjoy the neighborhood atmosphere and relax outdoors. Unique Roof Design: This home stands out with its 6' 12" pitch roof, adding character and curb appeal, making it one of the most adorable houses in the neighborhood. Three Bedrooms, Two Bathrooms: With three bedrooms and two bathrooms, this home offers a comfortable living space, providing ample room for residents and guests. 1-Car Garage: The inclusion of a 1-car garage provides convenient parking for your vehicle and additional storage space. Cleared Land: The property's land is already cleared, laying the foundation for a smooth and timely construction process. Please note that the home is currently under construction. While pictures and virtual tours are available to offer an accurate depiction of the completed home, there might be slight variations in interior colors. Given its appealing features and prime location near Lake Weir, this home is expected to sell quickly. Don't miss out on the opportunity to own a lovely cottage home in Lake Weir Heights—an alternative to tiny home living without compromising on the number of bedrooms. Color will be IVORY (YELLOW).
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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 | $165,600 | $165,600 | $165,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $9 | $9 | $9 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,102 | $1,088 | $1,397 |
Total Monthly Payment | $1,186 | $1,172 | $1,481 |
* 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.