WATERFRONT LIVING FOR $159, 900. CHECK THIS ONE OUT!! BEST & BIGGEST PREMIUM LOT IN THE COMMUNITY WITH A GREENBELT & POND VIEW!! THIS HOME HAS ACCESS TO THE ST JOHNS RIVER!!!! A BOAT SLIP IN THE MARINA IS ALSO AVAILABLE TO PURCHASE!! Investor Special and this 2 bedroom/2 bath home needs a little TLC and updates, but it has SO MUCH POTENTIAL! 720 square feet in county public record, but 300 square feet addition was completed for a total of 1020 under air. Come see this home located in the beautiful community of Meadowlea on the River. This is a golf cart community where you can enjoy neighborhood rides or walks in the great outdoors with community activities. Meadowlea on the River is a quiet & pristine neighborhood that has great sunrises & sunsets!! Here is your chance to live in a gated community with HOA amenities including clubhouse, pool, playground, pavilion, and RV/Boat parking and storage. Own your own lot with NO LOT RENTAL FEES. Only $62 HOA monthly fee. Conveniently located with shopping, restaurants & medical facilities close by with easy access to I-4, 417 & Sun Rail Train station. Definitely a must see to appreciate this GEM of the community which won't last long!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,900
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 | $127,920 | $127,920 | $127,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $43 | $43 | $43 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $851 | $850 | $1,079 |
Total Monthly Payment | $969 | $968 | $1,197 |
* 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.