GREAT LOCATION - VASTLY AFFORDABLE!! You will not regret taking this opportunity to buy your piece of paradise located close enough to Tin City and downtown 5th Avenue to easily enjoy, but far enough away to benefit from the peace and tranquility this community has to offer. This two bedroom plus den unit boasts two full baths and a large screened in lanai with a lovely view of the beautifully landscaped grounds. Second bath is totally new, and the second bedroom has new furniture and carpet. Floor in entry and second bath is all new. Enjoy your morning coffee while getting your laundry done as the washer and dryer are located conveniently on the lanai. You also have ceiling fans in each room to aid in cooling efficiency. You can move right into this unit and slowly put your stamp on it or use your creativity to make it your own right away! The possibilities are endless!! Many happy memories have been made here and this King's Lake condo is just waiting for you to come and make new ones!!!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$279,000
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 | $223,200 | $223,200 | $223,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $188 | $188 | $188 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,485 | $1,466 | $1,882 |
Total Monthly Payment | $1,748 | $1,729 | $2,145 |
* 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.