Beautiful Corner 2Bedroom/2Bath oversized unit at Terrace Park of Five Towns! This 55+ community offers a perfect blend of convenience, amenities, and serenity. The Oxford building is at a dead-end road offering wonderful privacy and views overlooking one of the many community ponds. This condo is newly painted with new carpet, hurricane windows and updated bathrooms. The living/dining area is open-concept and flows nicely to the rear porch. The kitchen features oak cabinets, plenty of counter space, and room for a breakfast table. The primary has an ensuite and both baths have been nicely updated. If that wasn't enough this home has an extra large bonus - an office/utility room that accommodates a full-size washer/dryer and enough room for storage and a desk. Multiple closets for extra storage are located in the hallway in between both bedrooms as well as an exterior storage area on the 4th floor. The condo comes with a one-car covered carport just outside the front door. Five Towns has six swimming pools, nine peaceful ponds, two community clubhouses with a large event room, billiards room, card room, library, and two fitness centers. Enjoy the walking trails, tennis courts, shuffleboard courts, bocce ball courts, and one of several outdoor picnic and grilling areas. If you want to participate in social events, there are many always happening including card games, dances, painting, yoga, swimming, band concerts, quilting, and more. Your monthly fees include water, sewer, garbage pickup, basic cable TV, recreation, exterior maintenance, property management, and natural gas costs for your heating and cooking.
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
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 | $50 | $50 | $50 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,347 | $1,364 | $1,729 |
Total Monthly Payment | $1,472 | $1,489 | $1,854 |
* 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.