High and Dry!! 2. 02 Acres. . . with a total of 3. 25 acres. This Gorgeous Lot already has EVERYTHING done for you!!! No need to wait the estimated 8 months or more for paperwork. . . all documents and mitigation credits have been completed saving you time and thousands of dollars!!! Imagine enjoying spectacular sunsets on your custom built porch after a long day on the championship 18-hole golf course. Now is your chance to build your dream home in this highly sought after Golf and Equestrian Community. Conveniently situated within 30 minutes of Downtown Orlando, I-95, Cocoa Beach, Orlando theme parks, Orlando International Airport, UCF, and Lake Nona Medical Center. Wedgefield has plenty of recreational facilities, a golf course and country club with restaurant and bar, bicycle lanes, community park including skate park and picnic pavilion. The Hal Scott Preserve and Park has over 9, 000 acres that surround Wedgefield on 2 two sides making sure that this tranquil area stays an oasis in rapidly developing Orlando. Hal Scott also provides nature trails for hiking and horse riding. *Please note: you cannot Build on 75' Frontage lots. Do not get stuck with unbuildable land or permit fines. You cannot have horses on lots under 2 acres. Protect yourself through the Buying Process by finding an Ethical Agency. Check with ORRA and the BBB. All due diligence must be verified by buyer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$290,000
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 | $232,000 | $232,000 | $232,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,544 | $1,542 | $1,956 |
Total Monthly Payment | $1,619 | $1,617 | $2,031 |
* 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.