One or more photo(s) has been virtually staged. Welcome to 5240 North Lake Burkett Lane, a classic 4 bedroom, 2. 5 bathroom home, located in beautiful Winter Park!
The open floor plan and high ceilings offer a bright, airy feel. At the center of the home is a large kitchen, connecting the dining, living, and family rooms. The primary suite is conveniently located on the first floor for comfort and privacy. The second floor features a split floorplan with 3 bedrooms and a bathroom. With a new roof (2023) and newer HVAC system (2019), this house is move-in ready!
Situated on a quiet lot on a cul-de-sac road, in Trinity Bay, this home is conveniently located near top-rated schools, local shops, dining, and parks, making it an excellent choice for those seeking a balance of relaxation and convenience. The Trinity Bay community features a playground, a community pool, and a boat ramp and dock on Lake Burkett, a private, skiable lake. Come see all this amazing home has to offer. Note: Back on the market due to buyer's financing.
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$535,000
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 | $428,000 | $428,000 | $428,000 |
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 | $300 | $300 | $300 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,884 | $2,845 | $3,609 |
Total Monthly Payment | $3,276 | $3,237 | $4,001 |
* 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.