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**The GEM of East Orlando ** The property boasts a large-sized almost 1-acre lot, it is exactly . 99 of an acre. There is no HOA! This home has plenty of space in both the front and back yards. The family room has sliding glass doors that open to a spacious porch. The property is zoned A-2. The backyard can be used for farming, livestock, horticulture, etc. There is a cinder block shed to store your lawn mower, tools and garden furniture. The kitchen has plenty of sunlight coming through and includes a stove, refrigerator, and dishwasher appliances. This home includes four bedrooms with closets. The home got a new roof, new water heater, and a new electrical panel in 2023. The home has tile floors and carpeting. The schools nearby are Castle Creek Elementary, Timber Springs Middle School, and East River High School. It feels like you live in the country, but you are very close to Waterford Lakes and Avalon Park for dining and shopping. In addition, the property is very close to UCF and Research Park.
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,000
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 | $463,200 | $463,200 | $463,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $121 | $121 | $121 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,928 | $3,043 | $3,878 |
Total Monthly Payment | $3,141 | $3,256 | $4,091 |
* 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.