Under contract-accepting backup offers. Premier Investment Property in Watersong Community!
Discover an incredible investment opportunity in the Watersong community. This beautifully furnished 12-bedroom, 11-bathroom home is designed for the vacation rental market. The first floor features 5 bedrooms, while the second floor offers 7 more, providing plenty of space for large groups. Highlighted by a spacious kitchen with a double sink and an outdoor cooking area, this property is ideal for hosting. Additional amenities include a 2-car garage, a grand room, and more. Enjoy access to Watersong's extensive community features such as a resort-style pool, clubhouse, fitness center, and a variety of recreational options. With monthly HOA fees of just $457 and no CDD charges, you can enjoy all the amenities of this exclusive community. This property is the perfect investment. Please note that all room measurements are approximate and for general guidance only. We encourage buyers to personally verify all dimensions and information to ensure accuracy and satisfaction. Secure your slice of paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $106 | $106 | $106 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,838 | $7,940 | $10,802 |
Total Monthly Payment | $8,069 | $8,171 | $11,033 |
* 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.