Welcome to Palm Cay, your lovely adult gated community. Your beautiful new home awaits your arrival. This beautiful home has a lot to offer. As you enter the home you’ll enter into the living room with high cathedral ceilings. The living room is connected to the roomy dining area. Adjacent to the dining area is the charming, renovated kitchen with a snack bar. All new stainless steel kitchen appliances, gorgeous granite countertops, brand new kitchen sink with upgraded faucet, over the sink lighting fixture and recessed ceiling with ceiling fan. Also connected to the dining area is another open space with a lot of windows which can serve as a TV room, office or as an additional bedroom. This room is currently being used to serve as a third bedroom. As you walk down the hallway, you’ll find the master bedroom and the guest bedroom. Both bedrooms are very roomy. The master bathroom has a walk-in shower that has been updated. The guest bathroom has an easy walk-in shower as well. On the opposite end of the home is the inside laundry room which includes the washer and dryer. Just off of the laundry room there was a florida room which has been converted into an office. The office has acrylic windows with a lovely view of the backyard. Adjacent to the office is the screen room which leads to a covered patio. These spaces are great for bird watching. If you have a fur baby who loves to be outdoors, fences are allowed. Updated interior paint and updated doors and updated exterior front door and side garage door. All of the electrical outlets in the home have been replaced. The roof was replaced in 2021. The water heater was recently replaced. The exterior vinyl siding was replaced in 2016. The windows were replaced with tinted double pane windows. The back covered patio was added in 2018. The AC was replaced in 2014. The primary areas of the home have wood-looking ceramic tiles. The flooring in the bathrooms also have tiles. The kitchen, laundry room and office have luxury vinyl plank flooring. You’ll love the garage as it has additional space (approximately ‘8X8’) for your lawn equipment, workshop space or storage. The garage door is insulated to help keep a more comfortable temperature in the garage.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
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 | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $209 | $209 | $209 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,313 | $1,329 | $1,701 |
Total Monthly Payment | $1,597 | $1,613 | $1,985 |
* 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.