Located in the GATED community of Arbor Lakes, you will love this beautiful second-story condo. This 2-bedroom, 2-bathroom home will give you 1, 240 square feet of living space. Don't worry about getting wet when you bring home the groceries as this amazing unit has an attached, 2 car garage with interior stairs leading up to your condo. Your balcony is the perfect place to relax after a day at work, located right off your kitchen which features light cabinets and matching appliances. The breakfast bar area is perfect for sipping on your morning coffee. The home's open floor plan, is great for entertaining and you will enjoy the attention to details, such as the crown molding and wood burning fireplace. It doesn't stop there, this condo has an abundance of natural light, with separated dining area, or space that can be used as an office. The large interior laundry room will hold a full-size washer & dryer to make living easy in this beautiful low maintenance condo. Bedrooms are split plan for added privacy. The owner's suite provides dual sinks, a large stand-up shower, and walk-in closet. The Arbor Lakes Community features include a gym, private pool, playground, tennis court, indoor basketball court, media center, business center with conference room and billiards. Located just minutes to Colonial Town Center and the Seminole town Center, this condo has it all and only 20 minutes to downtown Orlando and 35 minutes to the beach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
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 | $258 | $258 | $258 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,329 | $1,715 |
Total Monthly Payment | $1,664 | $1,662 | $2,048 |
* 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.