GREAT OPPORTUNITY! BEAUTIFUL CONDO 2BED/1BATH IN BAYSHORE ON THE LAKE. Housing for 55+ (age restriction). Active Community. 3rd-floor condo convenience near Elevator and Stairs. This lovely, unfurnished home features a newer air conditioner, and refrigerator, and is available with a washer & dryer in the unit! It has high ceilings, wood-looking laminate flooring throughout, and a large 20'x6' screened porch overlooking a small pond. The master bedroom can easily accommodate a king-size bedroom set and features a walk-in closet, and slider access leading to the porch. Both cable TV and the Internet are included. Bayshore on the Lake features an extensive network of recreational facilities, many organized clubs, and planned activities that will appeal to many of your passions. It also features a heated pool/clubhouse/fishing pier/grill-picnic area, and abundant visitor parking. It is centrally located close to everything, including public transportation, restaurants, shopping, recreation, and entertainment. NO smoking, NO pets (only Service/Support Animals under ADA, FHA, and state law).
AVAILABLE TO MOVE-IN AFTER NOVEMBER 1ST, 2024
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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 | $960 | $960 | $960 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $7 | $6 | $8 |
Total Monthly Payment | $82 | $81 | $83 |
* 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.