Welcome to this 3rd floor, 2 bed, 2 bath condo in the beautiful community of Carmel by the lake with LAKE ACCESS and amazing amenities. The balcony overlooks the beautiful outdoor area, perfect for morning coffee or afternoon relaxation. This unit is light and bright, and the laundry room is located inside the unit. Access your unit by elevator. The condo complex is gated and has private access to Lake Howell. It contains 42 private acres for its residents to enjoy! Here you’ll have private access to the ski lake, tennis courts, pickle ball courts, hard ball courts, large swimming pool, hot tub and one covered assigned parking! There is a large club house that can be made available for your parties and gatherings! Association fees include cable TV, internet, water, sewer and exterior maintenance of the building! This unit also comes with newer appliances that include the washer and dryer. The refrigerator was replaced in 2022 and the stove replaced 2021.
The HOA put in new roof on the building 4 months ago and replace with new elevator two years ago. The roof has a 20 year warranty and the elevator six year warranty. The grounds are resort manicured and the boat ramp and storage can be included in HOA fee. New tile floors were added in 2023 and the outside AC was replaced in 2022. The condo is across from the MEGA WALMART and there’s lots of great restaurants nearby on HW436, 45 min away from Disney World and 30 min away from Orlando International Airport. THIS UNIT IS A MUST SEE!
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William Raveis Real Estate
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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 | $215,120 | $215,120 | $215,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $217 | $217 | $217 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,486 | $1,449 | $1,830 |
Total Monthly Payment | $1,778 | $1,741 | $2,122 |
* 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.