Welcome to Welaka, an incredibly quaint olde Florida town, nestled on the majestic St Johns River and known as the Bass Capital of the World. Here, it's easy to slow down and enjoy life's simple pleasures. Welaka and the surrounding areas of Putnam County offer gorgeous waterways, untouched woodlands, natural parks, waterfront dining, local gathering spots, and some of the friendliest people around. This small town offers a true sense of community and an escape from the hustle and the noise, but with Palatka, St Augustine, and Jacksonville still just a short drive away. Located in the newly developed community of River Hill, just outside the heart of Welaka, this new construction home offers beautiful modern comfort and superior construction quality. Boosting 2x6 frame construction, durable cement siding, low E insulated windows, R19 insulation throughout, full gutters, and a one-year builder warranty. Built with form and function in mind, home also offers a tankless gas hot water heater, Frigidaire stainless steel appliances including a gas range, granite countertops, solid wood soft close cabinetry, pantry cabinet with pull-out shelves, LVP flooring in living areas, ceramic tile in bathrooms and laundry room, tiled showers, vaulted ceilings, garage door opener, ceiling fans throughout, a covered porch with gas line for your grill, and a 100-gallon propane tank. This home was built with pride and with you in mind - not a single detail was missed! Don't skip this one - it must be seen in person to fully appreciate the quality details built in. Bring your boat, your fishing pole, your kayak, and your golf cart and experience true country living in this gorgeous home. This home is one of 3 offered by Synergy Construction, all on River Hill Drive and all the same floor plan, but with different front elevations and exterior paint colors. Schedule your showing today and take first pick!
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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 | $252,000 | $252,000 | $252,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.159% | 6.276% |
Monthly Tax Payment | $36 | $36 | $36 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,634 | $1,675 | $2,125 |
Total Monthly Payment | $1,745 | $1,786 | $2,236 |
* 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.