Just reduced $5000 and Seller to pay the first 3 months of condo fees! Welcome to The Village at Town Park in the thriving community of Lakewood Ranch, Florida. This incredible ground floor unit not only offers a comfortable and stylish living space, but also presents an excellent income potential with a tenant already in place. This one-bedroom, one-bathroom home features an open floor plan that seamlessly connects the living and dining areas to the kitchen, creating a spacious and inviting atmosphere. The interior has been completely remodeled, showcasing modern finishes, a tasteful design and much storage. Inside the home, you'll find convenient amenities such as an interior washer and dryer, ensuring that laundry day is a breeze. Step outside onto the beautiful screened front porch, the perfect spot to relax and enjoy the Florida weather. The Village at Town Park also offers a range of exterior features for residents to enjoy. Take a dip in the community pool, stay active at the recreation facilities, or let little ones have a blast at the playground. Additionally, there is a fitness center available for those who enjoy a fitness routine. Location is key, and this home presents easy access to a variety of shopping and dining options at the nearby University Town Center. Explore the vibrant downtown Lakewood Ranch Main Street, where you'll find an array of amenities including shops and restaurants and the local movie theater. Right down the street, Waterside has amazing shops and restaurants and offers a weekend Farmer's Market that features local organic produce, flowers, food and beverages, and arts and crafts. With a tenant already in place, this home presents an excellent income opportunity for investors or those looking to generate additional income. Take advantage of this turnkey investment and start reaping the financial rewards immediately or enjoy your new year-round residence or seasonal home away from home. Contact us today to schedule a private showing and discover the endless possibilities that await you in Lakewood Ranch, Florida.
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William Raveis Mortgage, LLC
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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 | $187,200 | $187,200 | $187,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | $158 | $158 | $158 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,245 | $1,244 | $1,579 |
Total Monthly Payment | $1,478 | $1,477 | $1,812 |
* 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.