Escape to your private paradise at 451 Lasso Drive, a stunning 8-bedroom, 7-bathroom fully furnished vacation home in the prestigious guard-gated Encore at Reunion Resort. This luxurious retreat boasts a spacious open floor plan, perfect for gathering with family and friends. It flows seamlessly into a private pool and spa area where you can unwind under the covered lanai. When you're not enjoying the Florida sunshine, the converted garage game room offers endless entertainment options for all ages. At Encore, you'll enjoy resort-style living with incredible amenities; ideally located just minutes from Walt Disney World and all of Central Florida's famed attractions, shopping, and dining, this exquisite home offers the perfect blend of comfort, convenience, and endless fun. And the best part? This home is a dream getaway and a proven investment opportunity. In 2023 alone, it generated over **$105, 267** in rental revenue, and 2024 is already on track to exceed that amount, with over **$87, 000** in bookings so far in 2024 and climbing. The property manager offers three months of FREE property management to make this opportunity even more enticing! You can start earning rental income immediately with no upfront management fees. Don't miss out on this incredible opportunity to own a piece of paradise and generate substantial rental income. Contact us today to schedule a viewing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$719,950
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 | $575,960 | $575,960 | $575,960 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $928 | $928 | $928 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,832 | $3,828 | $4,857 |
Total Monthly Payment | $4,852 | $4,848 | $5,877 |
* 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.