AMAZING OPPORTUNITY TO OWN A TOP PRODUCING INCOME PROPERTY in one of the newest and best locations that Orlando has to offer! This gorgeous home is turn-key and even has IT'S OWN POOL (safety gate included). When the owners aren't using it for themselves, this home has consistently rented out and has been an incredible investment. There is an active Property Manager in place ensuring that the property stays booked. The main level features an open floorplan which is great for gathering. Located just off the family room is the private pool and courtyard area. The outdoor space is completely enclosed with a screen. There is a bedroom and a full bathroom located on main level as well, so it creates an ideal situation when multiple families are renting the place. The other 3 bedrooms are located upstairs. Storey Lake features incredible amenities. Enjoy the Resort-style pool with a lazy river, waterslides, splash pad, beach volleyball, basketball court, and enclosed turf soccer field. There is an on-site restaurant/tiki bar located at the main pool. In addition to the original resort amenities area, a second area has just recently been completed and this is walking distance from the house. It's equipped with a zero-entry lazy river, pool, splash zone , restaurant, fitness center and playground. Also available for a minimal fee is a mini-golf course and kayak rentals. So many fun things to do here!! Storey Lake Resort is zoned for short term rentals and only 10 minutes away from Walt Disney World, 25 minutes from the Orlando International Airport, and 15 minutes from SeaWorld, Universal Studios and the Premium Outlets!
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:
$514,000
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 | $411,200 | $411,200 | $411,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $529 | $529 | $529 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,599 | $2,596 | $3,358 |
Total Monthly Payment | $3,220 | $3,217 | $3,979 |
* 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.