Vacation where you live! Recently reduced $35k! Located in the gated community of Watercrest in Lakewood Ranch. Move in ready 3 bedroom, 2 bath property offers a spacious and peaceful living space. A gracious entry and an open and inviting layout, highlighted by serene wooded views from the primary suite and living area and oversized screened balcony. An open kitchen with granite counters and stainless appliances, separate dining area and a clean, crisp interior, sold furnished. Private oversized 2 car under building garage with additional storage, providing both convenience and security for your vehicles. Parking won't be a worry with this amenity! Watercrest offers a community pool situated along Lake Uihlein and the country club golf course, a fitness center for residents and clubhouse. With the prime location in the heart of Lakewood Ranch, you'll have easy access to all the amenities and attractions that Lakewood Ranch has to offer. World-class golf courses, and polo, upscale shopping and beautiful beaches all within a short drive. A rated schools, outdoor parks and recreation and a vibrant dining scene just minutes away. Previously used as a corporate rental bringing in $5, 000 per month, this home is in perfect shape. A great rental history and an opportunity for easy living, this condo is it! Motivated Seller!
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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 | $391,920 | $391,920 | $391,920 |
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 | $520 | $520 | $520 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,607 | $2,605 | $3,360 |
Total Monthly Payment | $3,202 | $3,200 | $3,955 |
* 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.