BEST VALUE FOR AN UPDATED 2 BEDROOM CONDO IN FIVE TOWNS! NO SPECIAL ASSESSMENTS! Welcome to the popular and well managed Exeter building in Terrace Park at Five Towns 55+ active adult condo community! This lovely second floor condo is cute and move in ready, updated with quality vinyl plank flooring throughout with tile in baths, nicely updated kitchen that has been opened up and now has a small breakfast bar, light cabinetry, granite countertops, tile backsplash and stainless steel appliances! Step through kitchen to pleasant newly screened lanai, epoxy coated concrete floor and tropical courtyard views. Spacious master bedroom suite includes double closets, ceiling fan, and private master bath featuring updated vanity, mirror, lighting, new toilet, and step in tiled shower. Ample size guest bedroom with ceiling fan and guest bath with updated vanity, mirror, light and tile floor, fresh, neutral paint, clean and well maintained condo. HVAC regularly maintained and less than 10 years old. Furniture is optional and being offered in a separate sale transaction. Building has had new roof, new plumbing and new racks for AC compressors all in 2017. Milestone Engineering Inspection complete. Financially strong HOA. Extra storage and bike racks in back of building. Community laundry located on the second floor. Pet friendly building with one pet limit up to 25 lbs. Five Towns offers 2 clubhouses, 6 pools, tennis courts, fitness center, party/card rooms, auditorium and many organized events and clubs. Check out this great, priced to sell condo today!
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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 | $119,920 | $119,920 | $119,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $249 | $249 | $249 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $828 | $808 | $1,020 |
Total Monthly Payment | $1,152 | $1,132 | $1,344 |
* 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.