Welcome to this charming, three bedroom home in beautiful Orlando. The community of Riverside Acres is free from HOA restrictions and this oversized lot has plenty of room for your boat or RV. The home has been well maintained with a New Roof and updated electrical panel in 2024, HVAC unit new in 2023, updated double paned windows with hurricane shutters and a new water heater. Enjoy creating your favorite culinary delights on a gas top range with a double oven and plenty of eat-in space in the kitchen. The custom real wood cabinets provide for ample storage space but when needed the oversized laundry room can be a great place for extra storage. Enjoy having a formal dining area that can also be converted into a play or bonus room. The oversized garage has not just room for parking but also has built-in storage shelves ready to go. The shaded backyard includes a covered patio for sunset views, is great for entertaining and waiting for your creativity to make it your own. The property also has access to the backyard from the street behind. Settle into this quaint neighborhood feel while being close to shopping, dining, Lake Lotus Park and some of Florida's best attractions. This move in ready home won't last long so reach out today for a private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,500
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 | $295,600 | $295,600 | $295,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $84 | $84 | $84 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,017 | $1,965 | $2,535 |
Total Monthly Payment | $2,176 | $2,124 | $2,694 |
* 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.