Amazing Home on 1 Acre! Nestled in the highly sought-after neighborhood of Rainbow Lake Estates, this stunning 4-bedroom, 3-bathroom home offers the perfect blend of modern luxury and serene, laid-back living on a spacious 1-acre lot with no HOA. The open-concept design features a large kitchen with granite countertops, stainless steel appliances, and ample space for entertaining. The master suite is a true retreat, offering a double sink vanity and two walk-in closets for added convenience. A second bedroom with its own private bathroom is perfect for guests or family members seeking extra privacy. Enjoy the tranquility of nature from the enclosed lanai, which overlooks beautiful woods, providing a peaceful retreat in your own backyard. The home also boasts a 3-car garage, offering plenty of storage and convenience. Located just minutes from the natural beauty of Rainbow Springs and a short drive to local shopping, dining, and entertainment, this property also comes with fantastic community amenities, including a boat ramp for lake access, fishing, playgrounds, tennis courts, a park, and a restaurant. Experience quiet, laid-back living with access to excellent public schools, all just an hour's drive to Tampa and an hour and a half to Orlando. Don’t let this opportunity slip away—schedule your showing today and make this your forever home!
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Our Executive Mortgage Banker:
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$389,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $311,200 | $311,200 | $311,200 |
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 | $271 | $271 | $271 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,070 | $2,044 | $2,624 |
Total Monthly Payment | $2,416 | $2,390 | $2,970 |
* 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.