Motivated Sellers…buy now & enjoy the upcoming season in your very own castle at King’s Gate Club! Nicely decorated & turnkey ready, this home is in a unique community, where ownership & governance are shared among the residents. This cooperatively owned community is just a hop in the car and minutes to beaches, shopping, restaurant, and I-75, yet hidden from public view! This spacious home with cathedral ceilings, kitchen with a cooktop island & seating for two, open into the dining and living room. New power pole last year. Whether you’re on the raised front porch or in the new lanai with acrylic windows, both face the NE giving you a beautiful place to enjoy the sunrise with your morning cup of joe. PGT non-impact windows & double wide carport with side-by-side parking. Golf cart is included with new batteries & tires in February 2024. Laundry facilities conveniently located inside. The lanai offers 160 sq. ft. plus the screen room offers 193 sq. ft. adding to your main living space. At King’s Gate Club you are buying much more than a house, you are buying into a community that cares about each other. We have numerous activities, all run by volunteers. As a proud owner within our community, you can enjoy a wealth of amenities such as a clubhouse, an expansive swimming pool with lap lanes, 24-hr fitness room, saunas, hot tub, game room, craft room, woodworking shop and outdoor activities like pickleball, shuffleboard and tennis. Seize this opportunity to purchase your retirement home and start living the life you always dreamed of!
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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** | 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 | $60 | $60 | $60 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,059 | $1,046 | $1,343 |
Total Monthly Payment | $1,194 | $1,181 | $1,478 |
* 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.