Located on the Lake View on Lake Fredrica community is this lovely 2 bedroom, 2 bathroom 1st-floor corner condominium with a communal pool offering plenty of seating and sun loungers, a fitness center, and triple tennis courts. This property has been recently updated, and freshly painted and offers open-plan living accommodation with brand new stainless steel appliances in the kitchen, a small breakfast/dining area, and an open spacious living room. The primary bedroom is a good size and provides sliding door access to the rear enclosed private patio area which leads to the laundry room fitted with both a new washer and a dryer. The main bathroom is bright and offers both shower and bath facilities. There is a second bedroom with a walk-in closet and an additional bathroom with a vanity and a walk-in shower. There is designated parking for this property. This property is positioned near the downtown Orlando area close to popular bars, restaurants, businesses, shopping facilities, Orlando International Airport, and major transport links.
The tenant pays for rent plus utilities.
To qualify all adults must have a minimum credit score of 600 and earn 3x rent.
Tenants must also be qualified by the community HOA.
No subleasing, Airbnb, corporate leases, etc.
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Our Executive Mortgage Banker:
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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 | $1,400 | $1,400 | $1,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $9 | $9 | $11 |
Total Monthly Payment | $84 | $84 | $86 |
* 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.