BIG PRICE REDUCTION! Rare Springs' three-bedroom two-bath and half bath end unit townhome offers a spacious layout perfect for both living and relaxation. The cathedral ceiling enhances the inviting atmosphere, making it ideal for entertaining guests. Plenty of natural light fills the living area, thanks to large windows and french glass doors. The home features a patio in a forest setting. The primary bedroom is generously sized and includes a bath with a walk-in shower. Standout features in this home include: roof and skylight install (2016), two HVAC systems (2019), Pella front door (2021), Oak flooring in three rooms (2021), 500sq/ft of patio pavers (2021), new appliances (2021), main bathroom large skylight install (2022), water heater (2022). The property is located in 'The Springs', a guarded gated community offering security and a wide range of amenities. Residents can enjoy access to a beach, clubhouse, tennis courts, basketball courts, and even a horse barn. 'The Springs' has underground wiring for fewer power outages. The community is surrounded by over 100 acres of preserved land, providing easy access to natural wonders like Palm and Sanlando Springs, and the Little Wekiva River, perfect for nature enthusiasts. Conveniently located near I-4, the home offers easy commuting to downtown Orlando, international airports, beaches, and amusement parks. This combination of luxury, natural beauty, and convenient location makes it a dream home for those seeking both relaxation and adventure.
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Our Executive Mortgage Banker:
Our Insurance Division:
$440,000
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 | $352,000 | $352,000 | $352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,431 | $2,371 | $2,994 |
Total Monthly Payment | $2,663 | $2,603 | $3,226 |
* 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.