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INCOME PRODUCING PROPERTY. 5 YEAR LEASE IN PLACE. One or more photo(s) has been virtually staged. Welcome to this updated 3 bedroom/2 bathroom split plan home in Oak Run. Home has a 2022 roof, 2023 electrical panel and hot water heater. Open floor plan with hardwood flooring in the living room. Kitchen has soft close cabinets with Corian countertops. Primary bedroom has a large walk-in closet with 2 linen closets, one has pull out drawers. Also has a door that leads out of the primary bedroom to what may be utilized as a sewing room, craft room, or office space, all under heat and air with an enclosed laundry room. Oak Run offers amenities that include an 18-hole golf course, driving range, 6 pools, one of which is enclosed and heated, five whirlpool spas, library, billiards, cards, and ceramics. For outdoors there is pickleball, shuffleboard, and bocce ball. And we did not forget your furry friend with our dog park for their fun. There are over a 100 different clubs to join. Truly resort living for a small amenity fee of $140 a month that includes trash pick up and gated security. And when you just want to relax come into the Oak Room Bar and Grill restaurant. Your paradise awaits.
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Our Executive Mortgage Banker:
Our Insurance Division:
$208,885
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 | $167,108 | $167,108 | $167,108 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.906% | 6.797% | 6.006% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,015 | $1,070 | $1,388 |
Total Monthly Payment | $1,296 | $1,351 | $1,669 |
* 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.