This Brand New 2 Story 3 Bed 2. 5 Bath Single Car Garage Townhome is located in the newly built community of Bay Landing. Kitchen has tile backsplash, and granite counter tops. The island offers plenty of space to dine. Walk in closets and additional under-stair storage. The living room is spacious and opens up to the lanai, and backyard. The upstairs has 3 bedrooms and two full baths. The owner’s suite has 2 closets and with en-suite (double vanity and walk-in shower) The other two bedrooms are separate from the owner’s suite. This home is located close to the community pool and the fitness center. Bay Landing features a clubhouse, fitness center, swimming pool, playground, and dog park. It is located near I-75, Lakewood Ranch, Benderson Park, and UTC mall. The community is pet friendly with its dog park and sidewalks. The dog park is next to the playground. Please allow up to two weeks after approval before move-in for the HOA to process their application. No vehicles with commercial labeling or recreational vehicles allowed to be parked overnight outside the garage. We score every application. If an application doesn’t score high enough, the resident may be required to place the equivalent of two months’ rent in a security deposit. Please be aware that leasing this property includes a non-optional Home Assistant Services Package that will cost an additional $30 per month. These services and their cost are separate from Tenant’s monthly rent payment and all other payments described in the Lease or any separate Lease addendums. The Home Assistant Services offered are described in the Resident Welcome Packet which can be viewed here: www. sarasotamanagement. com/home-assistant/
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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 | $1,996 | $1,996 | $1,996 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $13 | $17 |
Total Monthly Payment | $88 | $88 | $92 |
* 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.