The Arbor Terrace Condo offers 1120 Square Feet of perfectly planned living space. Enjoy the privacy of the split-bedroom floorplan with a spacious Owner's suite complete with two walk-in closets and second bedroom with full bath. Open concept living space makes entertaining easy between kitchen with cozy dinette, adjoining dining room and living room with sliding doors to the lanai. There is also an outdoor Storage Closet for each Unit, which is located just across the hall from your front door.
The Babcock National Amenity Center includes a Clubhouse, Restaurant, Tennis and Pickle Ball Courts, A Resort-style Pool w/ Lap Lanes and a Heated Spa. There is also a Tiki Bar & Grill, a Fitness center, along with a Sauna & a Day Spa, all for your use
(The Clubhouse, Restaurant & Pickle Ball Courts will be coming in the near future)
Staying in Babcock National awards also grants you access to all of the Babcock Ranch Community Amenities, Shopping, Dining & Activities as well. Some of those Include: 2 Additional Community Pools, Gas Firepits & Grill Cubicles. Lit Tennis, Bocce ball, Basketball & Pickle ball courts. There are Miles of Hiking Trails, Nature Preserves and lots of Pet Friendly Open "Green Space" areas.
For an additional Cost, WellWay by Lee Health, Is a full-service health club located in the heart "Founders Square". Founders Square is also where you will find, The Lakehouse Waterfront Restaurant, Slaters Goods & Provisions - Coffee Shop & Ice Cream Store. Within walking distance is the Babcock Ranch Security Office, an amazing 150 Foot Boardwalk & many other small businesses. The weekends bring Live Music & Entertainment, A Farmer’s Market & Countless other Social Events, Fairs and Festivals.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$5,500
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 | $4,400 | $4,400 | $4,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $29 | $28 | $37 |
Total Monthly Payment | $104 | $103 | $112 |
* 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.