BEST LOCATION FOR YOUR SECOND HOME OR AS AN INVESTMENT!!
Welcome to The Cove at Storey Lake! Built in 2021 by Lennar, this fully furnished and meticulously maintained 4-bedroom, 3-bathroom home offers a perfect blend of modern convenience, comfort, and style, making it the ideal place for you and your family to call home. As you step in, enter the inviting open-concept living area filled with natural light, providing the perfect setting for both entertaining and daily living. The generous living room seamlessly connects to the dining area and well-appointed kitchen. This open plan flows effortlessly out to the serenity of your private lanai and swimming pool. Explore the benefits of this community which boasts 2 clubhouses with gorgeous resort-style pools, a lazy river and water park, mini-golf, walking trails, fitness center, sports complex, and more. With a 24/7 guarded gate, you can rest in the peace of mind that you and your family can roam freely throughout the tree-lined streets of the neighborhood. Feeling more adventurous? This home is just minutes away from major highways, shopping, dining, entertainment options, and the airport. With just 10 minutes from Walt Disney World, or a few short miles from SeaWorld and Universal Studios, you’re not far from all the fun. After a busy day soaking in the sun, you and your family can close out all the noise and step into your own private oasis to enjoy the best of Florida living.
Open the door to even more possibilities this exceptional gem offers. Currently thriving as an Airbnb sensation, this home is great as an investment property. Presenting as an exceptional turnkey opportunity, this is a dream come true for first-time investors who are looking for an IMMEDIATE CASH COW investment property, or perfect for investors expanding their short-term rental portfolios. Hassle-free services provided in the HOA fees include trash pickup, phone, cable, internet, landscaping, and grounds maintenance. Seize your opportunity to make new family memories or be an addition to your investment portfolio in this highly desirable community. Schedule your private tour today and experience all that this property and community have to offer!
**MOTIVATED SELLERS**
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:
$539,500
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 | $431,600 | $431,600 | $431,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $618 | $618 | $618 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,944 | $2,869 | $3,671 |
Total Monthly Payment | $3,654 | $3,579 | $4,381 |
* 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.