Welcome to this charming, 1st-floor unit in the central Fontainebleau Park community. This 1-bedroom is mostly original yet VERY well kept. It features a small, original kitchen with pantry; large living/dining area; linen closets; a well-appointed bathroom with separate vanity area; a comfortable bedroom with partial lake view and walk-in closet; and a porch with an exit door that invites you to take a short stroll to the lake. The unit offers a very spacious layout and the opportunity to renovate the kitchen to your liking. The community is near a vast array of amenities such as supermarkets, restaurants, parks, retail centers, shopping malls, major roadways and thoroughfares as well as the MIA, making it an ideal place for anyone seeking a unique opportunity and practical lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
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 | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $16 | $16 | $16 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $967 | $953 | $1,258 |
Total Monthly Payment | $1,058 | $1,044 | $1,349 |
* 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.