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Welcome to Magnolia House, the property is in the Venetian Bay Village community. The community is described as a hidden gem in a great location, presenting a wonderful investment opportunity for various purposes such as short-term vacation home, long term investment, second home or primary residence. In fact, Magnolia house enjoys a guest favorite title and 4. 95 stars in Airbnb. The Venetian Bay Community is highlighted as an extremely well-maintained area, has a unique Architectural style, was recently re-painted and looks like new, it is guarded and gated 24/7, providing security for its residents and features resort-style living. , offering a range of amenities for its residents. These amenities include 3 lakes for catch and release fishing, a hot tub, 4 swimming pools, 4 playgrounds, 2 tennis courts, Volleyball, and basketball courts, picnic areas, a fitness center, game room, spacious club house with a theater, and a car wash area. The property itself is a two-story townhouse style condo, offered completely furnished and ready to go, that has been updated with, new floor, new furnishings, new toilet and new plumbing fixtures. The layout of the condo includes open living and dining areas, a kitchen with a breakfast bar, a coffee bar, and a master suite on the first floor completely designed for handicap access with private bathroom. Upstairs there are 3 bedrooms, with one of them being a master suite with a private bathroom. In addition to the community features, the property is conveniently located 14 miles from Disney, close to shopping, restaurants, and schools. Overall, the property is described as difficult to find, with a blend of beauty, rent flexibility and functionality, make sure you come to see this property before it is gone.
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Our Executive Mortgage Banker:
Our Insurance Division:
$295,000
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 | $236,000 | $236,000 | $236,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,492 | $1,550 | $1,976 |
Total Monthly Payment | $1,567 | $1,625 | $2,051 |
* 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.