This FULLY FURNISHED 4-Bed 3-Bath home is located in the exclusive gated community of Formosa Gardens. Zoned for Short Term Rental it can be used as an income maker or a beautiful second home. Upon entering this home from the covered front porch you'll find yourself in the formal living and dining area which makes you feel right at home with all the natural light. The kitchen with it's nice Deep Cheery Wooden Cabinets, Breakfast Bar and corian counter tops is any chefs delight. It's Family Room- Kitchen combination keeps everyone involved in the activities of the home so you never feel out of touch while preparing a meal and exiting this area thru Double French Doors for a swim is a breeze. The Master Suite with a walk in shower, twin vanities and separate garden tub also has access thru Double French Doors to the pool area. The LARGE COVERED LANAI and fully screened private pool area not being overlooked makes relaxation the norm for your stay. With the SOUTH FACING POOL you'll be able to enjoy the Crystal Blue Water until the sun sets. Close to I-4, 192 and 429 makes a day trip to to the many Shopping Malls, Outlet Stores, and Beaches a snap. With many Fine Restaurants nearby the decision for dinner can be made easily. Come experience one of the nicest communities by viewing this home located on Disney's Doorstep.
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Our Executive Mortgage Banker:
Our Insurance Division:
$659,000
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 | $527,200 | $527,200 | $527,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $507 | $507 | $507 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,552 | $3,504 | $4,446 |
Total Monthly Payment | $4,151 | $4,103 | $5,045 |
* 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.