Welcome to the Lake! Your next home is just steps from Lake Griffin and located in the quaint 55+ Resident-Owned Community of Griffwood Co-Op. Built in 2001, this home has all the features needed for comfortable living, including 2 full bathrooms, laundry, and a large lanai, and completely furnished! Both bedrooms are good sized, and the master includes an open bathroom concept. Beautiful upgrades have been made throughout, and there is plenty of storage. There is a metal roof with a lifetime warranty that can be transferred, and the attached carport has been extended for extra coverage. The lanai is enclosed and just right for watching the sun rise and visiting with friends. Another great feature of this home is that there are no steps when entering from the carport entrance and no small hallways to maneuver around. The amenities at Griffwood are many, including a heated pool, clubhouse with full kitchen, laundry room, library, game courts, marina, boat ramp, boat trailer storage. Speaking of boats, this home has a 16 ft. 2005 Tracker fishing boat with 50
HP mercury motor, and rental transfer on a boat slip (with a lift) that the current owners rent from the park ($35/month). Want to take a ride around the park to visit your neighbors? This home also comes with a Yamaha gas powered golf cart. You really must come see this extremely great set up, in this beautiful community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$320,000
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 | $256,000 | $256,000 | $256,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $133 | $133 | $133 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,746 | $1,701 | $2,178 |
Total Monthly Payment | $1,954 | $1,909 | $2,386 |
* 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.