Lake-front, condo living at its best! This 2 bedroom, 2 bathroom condo is located within the gated community of Cove at Pearl Lake and offers breathtaking views of Pearl Lake from every room in the home! The condo is located on the first floor of the building and at the back of the building, giving ample privacy. Walk through the front door and you are greeted with tons of natural lighting, neutral paint, and beautifully upgraded flooring. The large, sunken living room with patio access, making for seamless indoor/outdoor living, is located to the right of the front door. Adjacent to this is the upgraded kitchen and dining area, making this the ideal floorplan for entertaining and family gatherings. The kitchen boasts stainless appliances, 42" cabinetry, tile backsplash, great countertop space, and a raised breakfast bar that overlooks the living room and lake out back. A large closet is located off the dining area, perfect for all of your storage needs. The master suite is spacious, offering views of the lake, walk-in closet, and large en-suite bathroom, complete with double-sink vanity and large shower. The secondary bedroom is good size with upgraded light/ceiling fan and custom closet system. The secondary bathroom offers a large, single-sink vanity, shower/tub combo, and linen closet. A laundry closet is located in the hallway outside both bedrooms for convenience. Cove at Pearl Lake offers great amenities, including a community pool, clubhouse, fitness center, and lake access via dock. This location is ideal for anyone on-the-go, with convenient access to all major highways and countless shopping, dining, and entertaining options!
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Our Executive Mortgage Banker:
Our Insurance Division:
$205,000
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 | $164,000 | $164,000 | $164,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $46 | $46 | $46 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,091 | $1,077 | $1,373 |
Total Monthly Payment | $1,212 | $1,198 | $1,494 |
* 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.