Stunning 4 bedrooms / 2 bathrooms, built in 2020, move in ready property located in the beautiful community of Orchid Grove in Davenport FL. This gorgeous home has a spacious floorplan. Kitchen overlooking the family room with amazing upgrades such as Porcelain tiles throughout kitchen, living room, 4th bedroom and hallway. The kitchen has Granite counter tops with upgraded kitchen light pendants. Property have upgraded light fixtures throughout the entire home. Home has Solar panels, Water softener and comes FULLY FURNISHED. Property offers a rear porch with completely Vinyl Fenced in backyard where you can relax after a long day at work. Stainless steel appliances are included such as refrigerator, range, microwave and dishwasher. Washer and dryer are included as well. Property is walking distance to the community pool and playground. Property is near Walmart super center, Publix supermarket, Posner Park Mall, Target, Best buy, JC Penney, BJ’s, Ross, Burlington, Movie theater, Hospital, Bus stops, Post office and many other stores and restaurants. Property is less than 30 minutes away from World Disney theme park and close to Universal, Sea World and Water parks. Property is near US 27 and I-4 Highway.
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Our Executive Mortgage Banker:
Our Insurance Division:
$395,000
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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $488 | $488 | $488 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,102 | $2,100 | $2,709 |
Total Monthly Payment | $2,665 | $2,663 | $3,272 |
* 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.