Under Construction. PRICE REDUCED! Discover this exquisite 2024-built home in the tranquil community of Marion Oak! Featuring 3 spacious bedrooms and 2 modern bathrooms, the property offers a seamless open-concept design that beautifully connects the living room, dining area, and contemporary kitchen. The kitchen impresses with expansive cabinetry and stunning quartz countertops, a feature mirrored in both bathrooms for an added touch of luxury. Throughout the home, stylish wood-laminate flooring provides warmth and elegance.
Situated on a wide lot with lovely landscaping, this home is the perfect blend of comfort and style. Located in the peaceful and green surroundings of Ocala, known for its safety and natural beauty, this property offers not only an ideal living space but also an excellent investment opportunity. Perfect for investors looking to generate passive income, this home is a prime option for long-term rental or vacation rental potential. Don’t miss your chance to secure this fantastic property!
Please note that the photos are from our model home located at 5 Hemlock Trail, Ocala FL 34472
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Our Executive Mortgage Banker:
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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 | $187,920 | $187,920 | $187,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $50 | $50 | $50 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,298 | $1,249 | $1,585 |
Total Monthly Payment | $1,423 | $1,374 | $1,710 |
* 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.