One or more photo(s) has been virtually staged. **BEST PRICED 3-BEDROOM CONDO IN TOWN!!!**Live the LUXURY LAKEFRONT CONDO Lifestyle in this BEAUTIFULLY RENOVATED 3 Bedroom, 2 Bathroom Condo in one of the Most Desired Areas of Central Florida! Carmel by the Lake is a beautifully designed condominium located in a GATED COMMUNITY in Southeast Casselberry that sits on just over 10 acres of total land and has direct LAKE FRONTAGE on 400+ Acre PRIVATE LAKE HOWELL! This BEAUTIFULLY RENOVATED Unit is COMPLETELY MOVE IN READY and has a BRAND-NEW KITCHEN that includes Granite Countertops, New Appliances, Brand New Cabinets, New Sink and Fixtures! The Unit also has ALL NEW LUXURY VINYL PLANK FLOORING throughout the ENTIRE Interior. The ENTIRE INTERIOR has BRAND NEW PAINT as of September 2024! The AC unit was installed in 2017, and the Water Heater was installed in 2018, so the MAJOR MECHANICALS have been UPGRADED too! Carmel by the Lake has some beautiful amenities and a very nice atmosphere that you can enjoy throughout the year! The community pool is a favorite among residents and it is not uncommon to see quite a few residents enjoying their evenings or weekends there with fellow residents! There is a large clubhouse, grill, jacuzzi and tons of entertainment space directly by the pool. Next to the pool and clubhouse are the Tennis Courts! If you prefer something a little more serene, tranquil and private, there are private walking trails inside the community that take you directly past the lake and provide you with some of the MOST AMAZING VIEWS you can imagine! The community could not be more conveniently located! You are minutes in any direction from as many nice restaurants as you can handle, plenty of shopping options and activities all around you! The unit is priced below market value so DON’T WAIT to make YOUR APPOINTMENT!
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,900
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 | $159,920 | $159,920 | $159,920 |
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 | $277 | $277 | $277 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,051 | $1,339 |
Total Monthly Payment | $1,416 | $1,403 | $1,691 |
* 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.