Four bedroom (plus loft), three and a half bath, two-story Mediterranean-inspired luxury home with outdoor kitchen. Situated between Walt Disney World and Universal Studios, Ruby Lake is a fully maintained, gated-entry community whose amenities include a resort-style pool, clubhouse, fitness center, splash park, tennis courts, fire pit, pier with firework viewing. The area is renowned for its outstanding schools and wide selection of shopping and dining nearby including the Orlando Vineland Premium Outlets and Restaurant Row. The Proximity to major highways and attractions ensures that you're never far away from the Magic of Orlando.
Gourmet kitchen features stainless steel appliances, a built-in gas cooktop with hood, double oven/microwave combo, 42-inch shaker cabinets with crown molding subway and subway tile backsplash. A sleek, large island provides a gathering point in the room. The flex space of the kitchen is suitable for an office, play area, or nursery. The kitchen includes a breakfast nook and family room with sliding glass doors. Outside the sliding glass doors is an extended, covered lanai featuring a summer-kitchen with built in gas grill, affording plenty of space and functionality to entertain.
On the first-floor are two suites and a guest room next to the kitchen (which can flex as a den or office). The Owner’s Suite faces the Lanai and has an ensuite bathroom with two separate vanities, considerable walk-in closet, an expansive glass walk-in shower, and a soaking tub. The second suite on the first level faces the entrance and has picturesque 3 panel windows. It features an ensuite with vanity, shower/tub combo and its own large walk-in closet. The laundry room and half bathroom are also found on the first floor with convenient access to the two-car garage.
A winding staircase leads you to an additional bedroom with a full bath and a well-appointed loft, suitable as a second living space, game room, or media room.
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Our Executive Mortgage Banker:
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$925,000
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 | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.348% | 6.182% |
Monthly Tax Payment | $787 | $787 | $787 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,496 | $4,556 | $6,245 |
Total Monthly Payment | $5,375 | $5,435 | $7,124 |
* 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.