Lovely property on just over 1 acre in the highly desirable Rainbow Springs Woodlands. The house has many unique features and separate on-site structures allowing you to design your own flex spaces according to your needs. Need a man or lady cave? Mother-in law suite? Separate home office or workshop? Use the large outdoor separate room with half bath with room to expand to create your own oasis. There is also a wood frame building in the back currently used as a carport, along with a separate two plus car garage.
The home’s living room, family room with fireplace and dining area are large and fairly open to each other while the split bedroom plan provides you with privacy on one side of the home as family members or visiting guests occupy the opposite side. The kitchen has many cupboards and shelves for all your cooking needs. The den/office is off the master with access to the family room, with sliding doors leading to a lanai overlooking the large back yard. There is also a newer on demand propane water heater.
As a resident of the Woodlands, you are a member of the community property owners’ association with a low annual fee of $236. This provides you with access to the many community amenities such as the Resident-only River Park, the Woodland’s Walking Trail, private tennis and pickle ball courts, pool, and the community center with many activities such as the fitness and billiard rooms.
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,000
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 | $279,200 | $279,200 | $279,200 |
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 | $175 | $175 | $175 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,858 | $1,856 | $2,355 |
Total Monthly Payment | $2,108 | $2,106 | $2,605 |
* 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.