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Presented by![]() Ellen Vincent |
One of a kind 2 bedrooms 2 baths will make you feel on vacation every day. Located in a 55+ community with low HOA of $50. 00 a month. The backyard alone will invite you and your friends to celebrate life at its best. Lake Frances is voted by many to be the best place in central Florida and invite you to come find out for yourself. For some, size is important; well, this is it, a full 1592 square feet of space in the most beautiful decor. This property has been upgraded with the finest quality construction products. Starting with elegant granite countertop, bathroom, even windowsills. Do not underestimate the Florida room, completely insulated with new double pane windows complete with Air conditioning. All door and windows are installed with cooling strips to conserve energy. Laminated flooring throughout. You will feel the real Florida surrounded by fruit trees and tropical greeneries. Don't miss the Rain Barrel, great source of energy savings. You can't miss the tiki bar great for entertaining all your new friends. This is a golf cart community where you can go grocery shopping, go downtown Tavares and enjoy all the festivities. The variety of restaurants will shock you. Take advantage of the most fabulous sunsets. Lake Frances has many activities along with 2 pools where you can exercise or just enjoy floating around. The large community center is where all the activities are held. Make an appointment now to see this Unique home.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$229,900
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.313.8862
Ellen.Vincent@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $183,920 | $183,920 | $183,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | $239 | $239 | $239 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,163 | $1,239 | $1,577 |
Total Monthly Payment | $1,477 | $1,553 | $1,891 |
* 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.