$10, 000 seller incentive plus a washer and dryer! NEW CONSTRUCTION! Brand new 2 story townhomes in Red Hot SoDo. Come live in the beautiful Hourglass District where a vibrant community is waiting for you. These light filled, attached town homes feature 2 car garages and ample outdoor space- some homes have fenced yards or large front porches. Imagine owning your own home in this amazing location! These homes have spacious great rooms and well appointed kitchens with easy care, laminate flooring, stainless steel appliances, quartz counters and enormous pantries. There is a dining area and a powder bath on the first floor as well. As you head upstairs, you'll notice the extra large primary suite (19x14), double vanities, oversized shower and a walk in closet that goes on for miles! There is another bath to share between the two other suites. . Laundry is conveniently located upstairs. A small loft gives you a work or exercise space. Close to ORMC, Downtown, Dr Phillips Center as well as The HOA ensures maintenance-free living as exterior and grounds maintenance, along with pest control, and onsite Managers are all included in the HOA fee. Located in a vibrant area, featuring Super Target, Gators Dockside, TJ Maxx, among other well-known businesses. You’ll also enjoy proximity to Walmart, Orlando HealthHospital, and major highways such as I-4 and Highway 408, Downtown Orlando, the Kia Center, Lake Eola, and the Dr. Phillips Center for the Performing Arts. A variety of restaurants and fine dining options are just minutes away. The included HOA means you get to do more living and less maintenance! Make an appointment today to see these outstanding homes and enjoy walking and biking to everything this exciting Orlando neighborhood has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$529,900
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 | $423,920 | $423,920 | $423,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $550 | $550 | $550 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,820 | $2,818 | $3,635 |
Total Monthly Payment | $3,462 | $3,460 | $4,277 |
* 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.