Imagine settling into a newly built, luxurious Contemporary 4-bedroom, ready to move home, situated in a distinguished gated enclave, Water Ridge. Ample natural illumination set a grand stage for a contemporary kitchen adorned with pristine Pure white Quartz Stone countertops and top-notch state-of-the-art stainless steel superior appliances. The thoughtful split floor plan encompasses a MAster suite with his and hers walk-in closets. 1 bedroom with individual bathroom, 2 bedrooms with a jack and jill suite and a flexible den, that could double as a fifth bedroom or home office. Fine ceramic tiling and crafted wood cabinets throughout underscore the home's refined elegance. The huge outdoor lanai commands stunning views of the lake Van, and the community's exclusive amenities, including three pools, four tennis courts, boat storage, two boat ramps/lakes access, a luxurious club house, sauna and a fitness center, epitomize a modern lifestyle. Some images have been virtually staged to illustrate the potential of these open, light-filled spaces. Envision living in a home that celebrates modern design and spacious living, set against the tranquil backdrop of this community in Auburndale. Don't miss this rare opportunity to own a piece of paradise. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$639,900
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 | $511,920 | $511,920 | $511,920 |
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 | $66 | $66 | $66 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,406 | $3,402 | $4,389 |
Total Monthly Payment | $3,564 | $3,560 | $4,547 |
* 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.