Seller may consider buyer concessions if made in an offer ~ Picture perfect ground floor unit in the Terraces at Storey Lake - zoned for SHORT TERM RENTALS/AIRBNB’S - with RESORT STYLE AMENITIES - just minutes from Disney theme parks and other world renowned Central Florida attractions! Newly built in 2019 this FULLY FURNISHED and TURN-KEY home delivers a bright OPEN CONCEPT with TILE FLOORS for easy maintenance, a modern kitchen with every bell and whistle, IN-UNIT LAUNDRY and even a nice outdoor patio to relax and unwind at the end of a long day. Two large bedrooms both offer WALK-IN CLOSETS for ample storage with the primary also featuring a private en-suite bath. The new owner will appreciate the attention to detail while designing this home and the whimsical Disney touches make the time spent here simply magic. The Terraces has a community pool for residents to enjoy and being a part of the larger Storey Lake means an array of exciting amenities. Storey Lake is a GUARD GATED community with something for everyone; RESORT STYLE POOL and spa, splash pad, LAZY RIVER, a mini golf course, poolside food and beverage service, canoe/kayak rentals and more. Have some fun in the sun while partaking in the daily activities on site or take a short ride to visit local theme parks. In a central location for easy access to I-4, 192, Osceola Parkway and the 417. Shopping, dining, parks, lakes and all the entertainment you could ask for are at your fingertips in this vibrant community! Whether you are looking for a home away from home, vacation spot or investment opportunity, look no further than Clock Tower Drive!
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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 | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $422 | $422 | $422 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,047 | $2,597 |
Total Monthly Payment | $2,546 | $2,544 | $3,094 |
* 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.