Rare gem available directly across from Lake Emerald in the amazing Lake Weldona area adjacent to the affluent Bel Air, Delaney Park, and Lake Davis neighborhoods! Downtown living at its finest without the HOA fees of living in a downtown condo and this property comes with lots of parking. Your new lake front oasis is a 5 minute walk to 903 Mills Market for breakfast/lunch/dinner, or a quick 5 minute drive to the bustling downtown area, Thornton Park, or the Hourglass District, all full of restaurants and shopping! Zoned for Lake Como (k-8) and Boone High School (9-12) which are highly sought after top-notch schools and both close enough to walk, or ride a bike. This home has a large front yard full of lush oak trees that you will love and a backyard with a large shed for storage, all located on a large corner lot in between Lake Emerald Park and Lake Weldona Park. There is a 30 amp power hookup and room for a RV/Boat with no HOA restrictions in the backyard. Split plan with two bedrooms on one side and a large master bedroom boasting a fireplace and huge walk-in closet on the other. You’ll love this amazing 3/2 in this quiet downtown neighborhood with everything it has to offer! The convenience is unmatched by being 20 minutes from the Orlando International Airport and going anywhere in Orlando by taking I-4 and 408 to get quickly to 528, the Turnpike, I-95, or 417. This property will not last long.
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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 | $383,600 | $383,600 | $383,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $400 | $400 | $400 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,617 | $2,550 | $3,263 |
Total Monthly Payment | $3,092 | $3,025 | $3,738 |
* 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.