Desirable 3-bedroom/2-bathroom fully-furnished condo in The Grove Resort and Water Park. This condo on the fourth floor looks over a pond and lake, and is in a very peaceful setting. The Grove will manage the unit for you, putting in guests and getting bookings for you, and you can use your unit for personal use up to 179 nights per year. The Grove Resort has a wonderful water park, with lazy river, large pool, water slides, splash area, Longboard Bar and Grill, and the surfing attraction. The Flip Flops games arcade is also located near the water park where you can have fun playing the games, or try your luck at mini-golf! There are three further pools next to the Valencia Restaurant, and 24/7 gym. Near the Front Lobby is the concierge where you can buy all your theme park tickets, reserve your free shuttle to Disney, or have them book your dinner reservations. The Marketplace is stocked with convenience items, gift store, and freshly-made pizzas! This is the best of both worlds, enjoy the resort, and earn when you are not there! Call to view, or find out more!!!
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William Raveis Real Estate
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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 | $258,000 | $258,000 | $258,000 |
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 | $622 | $622 | $622 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,738 | $1,715 | $2,176 |
Total Monthly Payment | $2,435 | $2,412 | $2,873 |
* 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.