What a value! All the major updates are done! This Sheffield floor plan offers exceptional privacy and captivating water and wildlife views on a large lot, and as a bonus, this comfortable home features a 2021 new roof, 2024 A/C, and 2024 impact-glass windows - rated over 150mph! The kitchen features white cabinets and granite countertops with a breakfast nook overlooking the lake. There are high 10' ceilings and a spacious living room, two bedrooms and den. There are triple sliders to the lanai which is screened for fresh air and relaxation. The guest bedroom and bath give guests a feeling of privacy, and the master suite has dual walk-in closets and bath with shower and dual sinks. FYI, the kitchen refrigerator will be replaced with the one in the garage. There is a GE security system in place, and for added protection the attic is foam sealed and a strong ridge vent installed. Kings Gate is an active 55+ community with a full-time Activities Director, heated swimming pool and spa, exercise & fitness centers, lighted clay surfaced tennis courts, bocce, lawn bowling, shuffleboard, computer room, billiards, crafts, theater and many other planned activities and outings for your pleasure. There is boat or RV storage for a separate fee. Buyer is required to pay a $1, 500 Capital Contribution fee to Kings Gate Homeowners Association at closing. If you enjoy the social Country Club atmosphere, let me show you what Florida living is "really" like at Kings Gate!
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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 | $239,200 | $239,200 | $239,200 |
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 | $153 | $153 | $153 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,051 |
Total Monthly Payment | $1,819 | $1,818 | $2,279 |
* 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.