Introducing an Investor's Dream: A prime newer townhome with a tenant in place! This exceptional opportunity offers immediate rental income in the heart of Magnolia Pointe, a masterplan community in Clermont. Boasting proximity to major highways, shopping, restaurants, downtown Winter Garden, and the prestigious Montverde Academy, this amenity-rich community features a 24-hour guard gate, clubhouse, pool, tennis courts, and private access to John's Lake. Step into luxury with this 4-bedroom, 2. 5 bath Breeze model townhome, showcasing upgrades galore. The gourmet kitchen features rich wood cabinetry, stone countertops, stainless-steel appliances, breakfast bar, and closet pantry. The great room with volume ceilings, durable tile flooring and a prime location designed for entertaining, this is the perfect space to host memorable gatherings with family, friends, and wonderful neighbors. The rear lanai is seamlessly connected to the great room for effortless indoor-outdoor living. Savor your morning coffee or unwind in this tranquil space, embracing our idyllic year-round weather. The main level primary bedroom and spa-inspired bathroom are a true oasis. Indulge in the expansive walk-in closet, dual sink vanity, and elegant glass shower. Your everyday retreat awaits in this perfect blend of comfort and style. Upstairs, discover three ample bedrooms, and a versatile loft space, perfect for customizing to your needs. The oversized laundry room adds convenience and a touch or practicality. Don't miss out on this chance to own a piece of luxury living in a vibrant community that offers the best in Florida living!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$385,000
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 | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.171% | 6.538% |
Monthly Tax Payment | $403 | $403 | $403 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,075 | $2,047 | $2,641 |
Total Monthly Payment | $2,553 | $2,525 | $3,119 |
* 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.