Seller is also open to discussing rent to own or a 12 month lease! Move in ready END UNIT townhome in the sought after Saddlebrook Farm community. Saddlebrook Farm is a mixed community with beautiful single family homes and townhomes. Saddlebrook Farm brings affordable luxury living. All homes are constructed with hardy board siding, gorgeous colors, and a craftsmen style. Directly across from 46 Red Horse Way are single family homes. This home features an open concept floor plan, first floor primary suite and second floor loft. The vaulted Great Room is filled with natural light and opens seamlessly to the dining area and kitchen. The dining space easily seats 6 and the kitchen features stainless steel appliances including a gas range, gorgeous quarts countertops, pantry closet, and peninsula for casual dining and serving. The entire first floor has new upgraded high quality luxury plank flooring. The first-floor primary suite features a vaulted ceiling and attached bath with dual sinks, oversized shower and walk in closet. Rounding out the main floor is the laundry room and a powder room for guests. Upstairs is a fabulous loft area with room for a reading area, home office, workout space or cozy hangout space. There are two additional bedrooms on this floor that share a well-appointed hall bath. The covered patio is the ideal place for summer BBQ’s, morning coffee, or a glass of wine after a long day. The one car garage is conveniently equipped with a 220V EV car charger. Saddlebrook Farm offers a robust amenity package including lawn maintenance, walking trails, common areas, a catch and release fishing pond, sidewalks and a dog park! Zoned for award winning Riverside schools in a prime location just minutes from medical facilities, shopping, dining, and interstate access, this move in ready townhome has it all! Seller is open to rent to own.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $248,000 | $248,000 | $248,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $217 | $217 | $217 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,692 | $1,648 | $2,091 |
Total Monthly Payment | $1,984 | $1,940 | $2,383 |
* 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.