FIRST FLOOR, CORNER UNIT, HURRICANE RATED WINDOWS, AND JUST A SHORT WALK TO THE EAST COMMUNITY CENTER, are just some of the highlights to describe this lovely, clean and well maintained, 2-bedroom 2-bathroom condo with approved stackable washer and dryer! All first-floor units in OTOW include an outdoor patio area, and the owners installed a convenient electric retractable awning (2015) providing full shade for those hot Florida days! Other notable additions and maintenance items include newer cooktop, deep freezer, A/C (2015) and H2O heater (2018). This unit is just waiting for the new buyer to come in and put their own touches on this property with already saving money on the large expense of the existing impact rated windows throughout, and enjoying the additional natural light being an end unit! OTOW amenities include the onsite Good Karma Cafe (East Side); Two Activity Centers; FREE GOLF to residents at either of the 2 golf courses of which there are 9 or 18 hole courses to choose from; 2 Swimming Pools (One Heated); Remodeled Cardio Gym; Pet Friendly with a Dog Park; Hobby Studios; Wood Shop; Fitness Classes; Dancing; Clubs; Cards; Billiards; Entertainment; Karaoke; Classes. There is even extra storage in a designated area of the storage room on the same floor. Community Shuttle will take to nearby restaurants and shopping! Please include the following language in the Additional Terms of the FAR/BAR “As Is” Residential Contract for Sale and Purchase: “The property is being transferred by a warranty leasehold estate deed. ”
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Our Executive Mortgage Banker:
Our Insurance Division:
$189,900
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 | $151,920 | $151,920 | $151,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $204 | $204 | $204 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,011 | $1,024 | $1,303 |
Total Monthly Payment | $1,290 | $1,303 | $1,582 |
* 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.