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1624 Rivers Edge DRIVE, Orlando, FL, 32825 | $240,000
This charming 2-bedroom, 2. 5-bathroom townhouse is located in the small community of Rivers Edge, offering tranquility along the Little Econ River. Both bedrooms are upstairs, each featuring a full en-suite bathroom, and the master bedroom boasts double closets. Downstairs, you'll find a convenient half bath and newer laminate flooring. The kitchen, updated in 2014, includes refreshed cabinets, countertops, sink, hood range, and appliances (no dishwasher). The HVAC system has also been updated, and the home is being sold AS-IS. Enjoy serene views of the community pool and conservation area from your rear screened porch. The HOA maintains the septic tank (replaced in recent years). HOA takes care of landscaping, exterior maintenance, roof, and the pool. The roof was replaced in 2017, and the entire building was re-plumbed by the HOA in 2010.
This property is perfect for investors, with a great tenant in place, or a 60-day notice can be requested for tenant vacancy.
Perfect for student housing, this home is just minutes from the University of Central Florida, Valencia Community College, Waterford Lakes, and local highways, including East Colonial Drive and the 417. TLC needed.
Features
- Amenities: Pool
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full / 1 half
- Laundry: Laundry Closet
- Style: Florida
- Year Built: 1987
- Garage: Assigned
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,132
- Acreage: 0.07
- Est. Taxes: $2,771
- HOA Fee: $124 Monthly
- Lot Desc: Conservation Area
- View: Pool, Trees/Woods
- Pet Policy: Cats OK, Dogs OK
- Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
- MLS#: O6239644
- Days on Market: 53 days
- Website: https://www.raveis.com
/prop/O6239644/1624riversedgedrive_orlando_fl?source=qrflyer
Listing courtesy of RE/MAX INNOVATION Phone: 407-281-1053
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1624 Rivers Edge DRIVE, Orlando, FL, 32825
$240,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $192,000 | $192,000 | $192,000 |
| 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 | $231 | $231 | $231 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,310 | $1,276 | $1,619 |
| Total Monthly Payment | $1,616 | $1,582 | $1,925 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388