Enjoy the SIMPLE LIFE…in your NEW HOME! Look no further…dreams do come true! Simple Life community fosters a sense of calmness and relaxation, inviting its residents to embrace a simpler, more serene way of living. These space-efficient, uniquely designed “Cottage Style” homes, will amaze you! This is a wonderful opportunity for those who are still working or retired. Even though you don’t own the ground under your feet, you have all the transferable rights through a recorded survey showing your entitled access to all common areas and amenities, as well as the property your home is built on for the perpetual term of your 99-year lease! While this is not a condo it has some of the same advantages that enable you to lower costs through common use rights, but unlike a condo, there are never any assessments which means the maintenance and or replacement of the roads, lighting, and all amenities are covered by the developer. NO ADDITIONAL ASSESSMENTS IN THE COMMUNITY! NO CDD FEES! You have an affordable community activity & management operation fee, plus a monthly lot fee, giving you incredible benefits that include…security gates, streetlights, and much more! Plus, private roads and amenity maintenance are all included. You can enjoy a sophisticated clubhouse, fitness room, a swimming pool as well as walking trails, grills, fire pits, a community garden, a dog park, a pickleball court, and even future bocce courts! Your exclusive access to these private amenities also comes with organized activities including yoga and fitness classes with dedicated staff at your service! DEVELOPER OFFERING BUYER INCENTIVES TO PURCHASE to include options of discount for cash, buy down on mortgage rates, closing cost assistance, and furniture for your new home!!
Sought after Sunny Isle Courtyard model! Unique design with main home featuring open concept kitchen/living/dining areas plus two large bedrooms and baths. PLUS. . . enjoy a potential 3rd bedroom with armoire for a closet in your separate detached cottage (also great for a den/office/man cave) all joined by a wonderful courtyard area great for entertaining! Room for everybody!
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:
$314,499
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 | $251,599 | $251,599 | $251,599 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $320 | $320 | $320 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,674 | $1,672 | $2,157 |
Total Monthly Payment | $2,069 | $2,067 | $2,552 |
* 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.