This energy-efficient home is a two-story property with 3 bedrooms, 2. 5 bathrooms, and a one-car garage. It boasts a modern kitchen with appliances, granite countertops, and a spacious pantry. Other features include a linen closet, front porch, rear patio, and an upstairs utility room. The master bedroom has a generous walk-in closet and a bathroom with a luxurious vanity. Imagine waking up to the aroma of fresh coffee in your well-equipped kitchen with granite countertops. The neighborhood offers great amenities, such as a playground and a community pool with a pool deck and covered seating. Located in Davenport, FL, Madison Place provides easy access to HWY 27 and I-4, keeping you close to town. You’ll also be near AdventHealth Hospital, theme parks, top-rated schools, and the area’s best shopping centers. If shopping isn’t for you, Lake Eva Community Park offers an aquatic center, event space, band shell, tennis and basketball courts, and a walking trail by Lake Eva.
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Our Executive Mortgage Banker:
Our Insurance Division:
$301,997
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 | $241,598 | $241,598 | $241,598 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $303 | $303 | $303 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,607 | $1,587 | $2,037 |
Total Monthly Payment | $1,985 | $1,965 | $2,415 |
* 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.