Discover this spacious 4-bedroom, 2-bathroom home with a bonus room that offers endless possibilities—whether you need extra storage, a home office, or even the potential for rental income as an efficiency! Nestled on Lake Salma, enjoy private access to the lake for jet skiing, boating, or fishing, all from your backyard. The outdoor space is a true gem with a large patio, outdoor kitchen, covered work area, shed, and a low-maintenance paved yard in both the front and back. NEW roof. No HOA means no restrictions! Conveniently located near Irving & Beatrice Peskoe K-8 Center, with easy access to the Turnpike and a short drive to the Florida Keys, shopping, and restaurants. This home is perfect for families looking to live the lakefront lifestyle. Don't miss this unique opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$623,000
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 | $498,400 | $498,400 | $498,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $494 | $494 | $494 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,316 | $3,313 | $4,273 |
Total Monthly Payment | $3,902 | $3,899 | $4,859 |
* 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.