This pretty pond view extended Madison floor plan is located in the very popular Tremont
Greens area which is centrally located between the north and south clubhouses and the
Nantucket pool. It comes almost completely furnished except for the master bedroom furniture
and a living room chair. There’s nothing to do but move right in start enjoying Kings Point resort
style living. This extended floor plan has a bright light living room that is completely open to the
Florida room and overlooks the soothing water view. There is a den/office/dining room off the
kitchen that has the potential for many different uses. It has light colored tile throughout the
main living areas, bathrooms and laundry room and has two carpeted bedrooms. The main
bedroom overlooks the pond in the rear of the home. The other bedroom is in the front opposite
corner of the home for more privacy when you have guests. The main bathroom shower and the
guest bathroom tub shower have a smooth surface with no grout to clean. The laundry room is
conveniently located off the kitchen and has a utility sink for all your hobbies and projects. The
attached, two car garage is air conditioned and has its own stainless-steel refrigerator. It is the
perfect getaway cave or hobby room! This is a really fun home in a great neighborhood with a
fantastic water view. You’ll love the gated community of Kings Point, which has amazing
facilities, pools, sports and clubs just waiting for you to enjoy. Located between Sarasota and
Tampa, it is the perfect location for a convenient ride to airports, great shopping, dining,
professional sports, and national award-winning, sandy beaches. This is the best of all worlds
but without the stress of big city life. Leave it all behind and enjoy resort style living in one of
Florida’s most affordable 55 and better communities!
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Our Executive Mortgage Banker:
Our Insurance Division:
$254,900
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 | $203,920 | $203,920 | $203,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $296 | $296 | $296 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,357 | $1,340 | $1,720 |
Total Monthly Payment | $1,728 | $1,711 | $2,091 |
* 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.