SUPERIOR LOCATION in Jacksonville. Easy access to I-295. Short drive to UNF, Mayo Clinic, and the St. Johns Town Center. Cozy 2B/2B Condo in the gated community of Point Meadows Place. Concrete Block construction with Stucco exterior finish. The unit has assigned, covered parking (#120) plenty of unassigned, and guest parking. The monthly condo fee includes water and sewer, the security gate, a community pool, a car wash, a fitness center, a playground, exterior building insurance, a full time maintenance crew, and on-site property management. The Seller had leased this unit to an 8 year tenant who took excellent care of the property and hated to leave because of the LOCATION! Great investment!
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Our Executive Mortgage Banker:
Our Insurance Division:
$189,000
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 | $151,200 | $151,200 | $151,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.273% | 5.278% |
Monthly Tax Payment | $237 | $237 | $237 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $956 | $919 | $1,196 |
Total Monthly Payment | $1,268 | $1,231 | $1,508 |
* 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.