4 bed 3. 5 bath Bermuda model end unit with south facing patio and deck. Comes fully furnished with Stainless Steel appliances, Granite counter tops, Bamboo floors in the common areas on the 1st floor, plantation shutters and glass shower sliding doors. Regal Palms is an exclusive private and gated Resort community with lots of amenities. You will love the 2. 5 acre tropical swimming pool and lazy river oasis, complete with heated pools, water slide with waterfalls and outdoor jacuzzis. Sun bathing terraces, a playground and a volleyball court with a pool side 'Tiki' bar. The fitness center has a therapeutic Jacuzzi, steam room and sauna along with elliptical training equipment. The spa allows you to pamper yourself with massage, manicures and pedicures etc. Inside you can enjoy dining at the restaurant and Bar, surf online on your wireless device on their free Wi-Fi or utilize the business center. Regal Palms live entertainment(seasonal), event celebrations on holidays and even a marketplace for the must have items! The Guest Services is open 24 hours. Onsite is Banana Jacks, a 4000+ sq. ft. family style environment with games, food and fun far all ages. Regal Palms is the most highly sought Resort community in the Davenport area for short term rental townhomes. AC unit with 10 years warranty, replaced in 2018. Great investment property that is zoned for short term rental
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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 | $272,000 | $272,000 | $272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $251 | $251 | $251 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,810 | $1,810 | $2,314 |
Total Monthly Payment | $2,136 | $2,136 | $2,640 |
* 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.