This charming three-bedroom, two-bathroom home seamlessly blends character with modern amenities in a prime location near downtown Orlando, hallmarks a metal shingle roof (long lasting and durable for up to 70 years). The residence features original hardwood floors that add timeless elegance to the living and dining areas. The cozy living room, complete with a fireplace and charming built-in shelves, provides a welcoming ambiance. The kitchen is a chef's dream, equipped with sleek quartz countertops and modern stainless steel appliances, including a newer refrigerator. The spacious loft-style master bedroom on the second floor boasts upgraded flooring for added luxury. Additional storage is available in the backyard shed. Enhanced security features, such as Lorex 4K security cameras and a new fence, ensure peace of mind. The home's proximity to the Colonial town Neighborhood Center, Colonial town Square Park, and nearby amenities makes it an ideal choice for convenience and leisure. A DELIGHTFUL SURPRISE awaits at the end of the driveway—a separate building with a golf simulator and climate-controlled air conditioning, perfect for an office, recreational area, playroom, or hobby room; with a simple adjustment, it could be turned into an income producing efficiency/AirBnB!!! SELLER IS OFFERING THE BUYER A $5K CREDIT AT CLOSING TOWARDS BUYER'S CC AND/OR PREPAYS.
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Our Executive Mortgage Banker:
Our Insurance Division:
$585,000
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 | $468,000 | $468,000 | $468,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $513 | $513 | $513 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,074 | $3,110 | $3,947 |
Total Monthly Payment | $3,679 | $3,715 | $4,552 |
* 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.