Under contract-accepting backup offers. Investor Special! Excellent opportunity in Winter Springs, FL for a property needing some TLC and ready for a new owner. Tucked away among the tree-lined streets comes Cypress Village, a small community complete with your own parking space, carport and plenty of visitor parking. This 2 bedroom, 2. 5 bathroom END UNIT town home hosts both bedrooms upstairs, and a gracious living area downstairs. Downstairs is also home to the kitchen, dining room, half bathroom, and a fully fenced yard! Two sets of sliding doors provide tons of natural light, while the fenced yard (front and back!) ensures complete privacy. Upstairs features a split floor plan, with bedrooms at the front and back of the home for maximum privacy. The master bedroom also has a huge balcony for morning coffee or evening relaxation. The Highlands HOA is the master association for the neighborhood, and offers a community pool, tennis and pickleball courts, playground, table and grills, basketball court and volleyball court. Winter Springs is a top-rated community in Central Florida and Seminole County, offering highly rated public schools, parks and recreation facilities, easy access to 417, and much more. Call Richard for your showing today! Property is in need of TLC.
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Our Executive Mortgage Banker:
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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 | $151,920 | $151,920 | $151,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $263 | $263 | $263 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,049 | $998 | $1,272 |
Total Monthly Payment | $1,387 | $1,336 | $1,610 |
* 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.