Nicely decorated and turnkey ready home in a highly sought-after 55+ cooperatively owned gated community where ownership and governance are shared among the residents. This home has PGT windows throughout and plantation shutters in the living and dining room along with cathedral ceiling gives this home that spacious feeling. The kitchen with a large window over the sink and a quaint breakfast bar seating for two. The dining room with built-in cabinets for added storage and updated light fixture. The living room fireplace media table is perfect on those cooler days we sometimes have in January, in addition to adding a little romance to your late-night evenings. Paver golfcart path and new A/C in 2023. Enjoy a relaxing bath in your very own walk-in spa tub! Then adjourn to the front lanai with a glass of wine and watch the colorful sunsets Florida is known for. The air-conditioned ducted lanai adds an additional 113 sq. ft to the living area. The primary bed with an adjustable split king bed and beautiful wormwood desk. Enjoy the fresh air with outside seating for four under the carport. King’s Gate Club is an active community, all run by volunteers have many amenities including our oversize swimming pool with lap lanes, 24-hour fitness center, game and craft rooms, woodworking shop, pickleball, tennis, bocce ball and shuffleboard courts for the sport enthusiast. Also included with your HOA fees are 200 channels of cable TV, fiber optics internet, Reverse Osmosis water, sewer and lawn mowing. So, pack your bags and get ready to move into your very own castle and become the newest member in our KGC family where neighbors look out for one another and wave as they pass by.
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Our Executive Mortgage Banker:
Our Insurance Division:
$209,000
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 | $167,200 | $167,200 | $167,200 |
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 | $98 | $98 | $98 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,112 | $1,111 | $1,434 |
Total Monthly Payment | $1,285 | $1,284 | $1,607 |
* 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.