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Welcome to 201 S. Lone Oak Drive in Leesburg, Florida—an updated and move-in ready home with no HOA that’s perfect for a first-time buyer, investor, or family. Sitting on a large corner lot just under half an acre with the backyard completely fenced in, this place gives you plenty of space both inside and out. Inside, you’ll love the bright, open feel with no carpet anywhere—just easy-to-clean flooring throughout. The bathroom and the kitchen have been updated, with the kitchen featuring beautiful granite countertops and crisp white cabinets for a clean, modern look. The entire interior was freshly repainted this year, giving the home a fresh and inviting feel. A cozy wood-burning fireplace adds charm to the living space, perfect for those cooler Florida nights. To top it off, this home is located in a federally designated Opportunity Zone—so for investors, it’s not just a great property, it’s a smart financial move. Potential tax perks could make this an ideal addition to your portfolio. With solid updates, a great layout, a big fenced yard, and the added bonus of Opportunity Zone benefits, this home is a rare find in a quiet, established area.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$279,900
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 | $223,920 | $223,920 | $223,920 |
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 | $307 | $307 | $307 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,415 | $1,471 | $1,874 |
Total Monthly Payment | $1,797 | $1,853 | $2,256 |
* 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.