Under Construction. Welcome to this stunning 5-bedroom, 4-bathroom home located at 128 Lake Drive in Oviedo, FL 32765. This beautiful property is currently available for sale and is ready to become your new dream home. Situated in a peaceful and welcoming neighborhood, this 2-story home offers a spacious and modern living space spread across 3, 836 square feet. Built by M/I Homes, this new construction property boasts quality craftsmanship and attention to detail. Upon entering, you are greeted by a bright and airy atmosphere along with wood-look tile that flows seamlessly throughout the open floorplan. The kitchen is a focal point of the home, featuring modern appliances, an oversized quartz-topped island, ample storage space within the shaker-style cabinets, and a geometric backsplash. The stylish design is perfect for both everyday living and entertaining guests. The home includes 5 spacious bedrooms (two with walk-in closets) and 4 full bathrooms throughout, providing privacy and comfort for you and your family. Your owner's bedroom is a true retreat, offering a generous space and a tray ceiling, a huge walk-in closet, and an en-suite bathroom with a free-standing vessel tub. The upstairs loft is an ideal spot for family movie nights, gameday parties, or as an office/homework space. Outside, you'll find a well-maintained yard and outdoor space, ideal for enjoying the lovely Florida weather and hosting outdoor gatherings. The 3-car tandem garage offers space for your vehicles and all the toys, hobbies, and tools. This property at 128 Lake Drive combines the best of modern living with a convenient location near shops, restaurants, parks, and more, making it an ideal place to call home. Don't miss out on the opportunity to own this remarkable home in Oviedo. Contact us today to schedule a viewing and experience all that this property has to offer. This is a home where memories are made, and we welcome all interested buyers to explore the endless possibilities that await at 128 Lake Drive.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $703,992 | $703,992 | $703,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $840 | $840 | $840 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,508 | $4,508 | $6,181 |
Total Monthly Payment | $5,440 | $5,440 | $7,113 |
* 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.