**LAKEFRONT/FOUNTAIN WATER VIEW** Experience the serenity of Vero Beach living in the distinguished Lake in the Woods community! This captivating property features 2 bedrooms, 3 bathrooms, a HUGE upstairs loft that has been thoughtfully updated and has unlimited options as a GUEST BEDROOM, Over-Sized Office, A Second Primary Bedroom, it's your dream to make come true! Entertain friends and family with ease in the sizeable kitchen which showcases sleek stainless steel appliances, plenty of room to walk-about and serves as a stylish focal point for culinary enthusiasts. Featuring towering cathedral ceilings, modern fixtures throughout and also a BRAND NEW WASHER. This residence creates a relaxing ambience for both unwinding and entertaining. Delight in the fully enclosed and screened-in rear balcony, offering a seamless fusion of indoor tranquility and outdoor beauty. The community amenities, including a clubhouse, pool, jacuzzi, and tennis courts, provide endless recreational options. Don't miss your chance to own a slice of Florida paradise - schedule a showing today and discover the unique allure of this home! ***CHECK OUT A VIDEO OF THE HOME AND COMMUNITY HERE. . . https: //www. youtube. com/watch?v=RaqLMVI0gwY ***
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,750
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 | $159,800 | $159,800 | $159,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
Monthly Tax Payment | $247 | $247 | $247 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,077 | $1,090 | $1,381 |
Total Monthly Payment | $1,399 | $1,412 | $1,703 |
* 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.