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Under contract-accepting backup offers. This two-story townhome is centrally located on the north side of the Orlando metro area. It has access to the 417 and 436 putting much of Orlando within a travel time of minutes. The community is well established. All exteriors have been recently updated. There is a community pool and clubhouse as well as private access to Lake Howell. All residents have their own parking space. There is overflow parking for visitors as well. Inside, living is relaxed. The downstairs has a spacious living room with vaulted ceilings, a half bath, kitchen, dining room and laundry room. Both bedrooms are upstairs. There is a master bath in between the two bedrooms. The second bedroom upstairs is currently being used as a home office. It is open to the living room area as a type of loft. The carport area enters into the kitchen for ease of bringing in groceries. There is also a storage space in the carport. There is a fire station close to 436. Traffic is easily controlled with the fly over from 436 to Red Bug Lake Road. This townhome is great for the professional who has a busy work schedule and yet it allows for wonderful relaxation time on the weekends. There are numerous shopping opportunities within quick reach as well as a wide variety of good restaurants nearby. The community is quiet and peaceful, especially being adjacent to Lake Howell. For bird lovers, there is a pair of nesting eagles and ospreys. It's a nice oasis of quiet solitude yet close to major roads. Come take a look. You will be glad you did!
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $154 | $154 | $154 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,248 | $1,314 | $1,674 |
Total Monthly Payment | $1,477 | $1,543 | $1,903 |
* 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.