One or more photo(s) has been virtually staged. This property in the gated community of Lakeshore at Narcoossee offers a welcoming and comfortable living experience with its thoughtfully designed spaces and numerous amenities. The downstairs features an open kitchen and gathering areas with a half bath, all with ceramic tile flooring. The kitchen is equipped with stainless steel appliances, granite countertops, and a large center island, while the dining area has windows overlooking the courtyard/breezeway leading to a 2-car rear garage. On the second floor, the master bedroom boasts a large walk-in closet and on-suite bathroom with a double sink vanity and glass-enclosed shower, and the second bedroom also includes a walk-in closet and on-suite bathroom. The third-floor bonus room is perfect for entertaining. Residents of this community enjoy a zero-entry pool and cabana, a community dock with spectacular sunset views, a fitness center, clubhouse, dog park, picnic area, basketball half-court, and playground. Conveniently, located just 5 miles down Narcoossee to Lake Nona and 417, all without any Community Development District (CDD) fees. SELLER IS OFFERING $10, 000 TOWARDS BUYERS PRE PAIDS AND CLOSING COSTS.
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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 | $275,600 | $275,600 | $275,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $391 | $391 | $391 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,834 | $1,811 | $2,307 |
Total Monthly Payment | $2,300 | $2,277 | $2,773 |
* 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.