***INVESTOR SPECIAL*** ONLY 15 MINUTES TO Disney World and ONLY 20 Minutes to Universal Studios and the NEW EPIC UNIVERSE theme park opening soon! Welcome to this GORGEOUS 8 bedroom 7 bathroom home located in the world famous community of Encore Reunion. Luxurious open floor plan and ample living spaces include 2 living rooms one upstairs and one downstairs. Owner's suites with spacious closets and en-suite bathrooms with double vanities. Big beautiful kitchen with center island provides an excellent space to meet with family and friends. This home can be your primary home or an investment as both short and long term rentals are allowed. You can rent for as little as one night at a time making it perfect for a vacation home to make you income while you are not occupying it. Close to both coasts as Cocoa Beach/Space Coast is only and hour away and Tampa/Anna Marie Island are also within driving distance. Close to great schools as well, this home has all the best of Florida!
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Our Executive Mortgage Banker:
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$798,700
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 | $638,960 | $638,960 | $638,960 |
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 | $1,011 | $1,011 | $1,011 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,251 | $4,247 | $5,479 |
Total Monthly Payment | $5,354 | $5,350 | $6,582 |
* 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.