Under contract-accepting backup offers. **This property qualifies for a closing cost credit up to $3, 200 through the Seller’s preferred lender. ** Welcome home to this beautiful, move-in ready 4-bedroom, 2-bathroom home located in the Falcon Trace community. This tree-lined street invites you in with the mature landscape up front offering a tropical feel. At the front of the home, you’ll find the hallway with 2 guest bedrooms and a bathroom in the middle. Make your way to the heart of the home where vaulted ceilings elevate the room creating an open and airy space. The kitchen to the right features stainless steel appliances, eat in space tucked up the window, and the laundry room leading into the 2-car garage. The dining and living room are divided by a pony wall but still create an open concept feeling. The primary bedroom is tucked up at the back of the home with a beautiful ensuite and walk-in closet. There is an additional bedroom off the living room that would make for the perfect guest bedroom or work from home office. Step out back to your screened porch overlooking the luscious green space out back. This fully fenced yard is a blank canvas for the little ones and furry friends to run around year-round. Recent upgrades include the new AC, new hot water heater, and Roof 2017. Falcon Trace Community offers waterfront amenities including a huge pool with waterslide, tennis and basketball courts, playground and lake viewing deck. Prime location to 417, Turnpike, Osceola and John Young Parkways that all provide quick access to Theme Parks, Orlando International Airport and Lake Nona Medical City. The community has Endeavor Elementary School right across the street and shopping nearby at Hunters Creek Publix, Super Target, CVS, The Loop and many restaurants all within minutes from you!
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $348,000 | $348,000 | $348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $207 | $207 | $207 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,315 | $2,313 | $2,984 |
Total Monthly Payment | $2,597 | $2,595 | $3,266 |
* 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.