Welcome to this gorgeous 3 bedrooms 2 and a half bath townhome just built in 2022. This end unit features extra windows for lots of natural light. Beautiful lay out with an open floor plan is great for entertainment. Kitchen has pristine white cabinets, elegant granite counter tops, large pantry closet, stainless steel appliances, built-in microwave, and an island which offers both extra storage and prep space. Downstairs features a half bath, ceramic tiles, recessed lights, and access to a screened lanai where you can relax and entertain. This lovely townhome also features a laundry closet with stackable washer and dryer upstairs. Spacious main bedroom with a walk-in closet and a bathroom with a shower and large vanity with double sinks. Also upstairs, additional 2 bedrooms and a full bath away from the main bedroom for privacy. This unit also has a one car garage with epoxy floors, automatic garage door opener, ceramic floors throughout (except bedrooms). This elegant townhome located in Magnolia Grove in sunny Davenport is minutes to US 27 and I-4 with quick access to travel throughout Central Florida and approximately 20 miles from Disney World. Magnolia Groves is located close to Posner Park where you find Restaurants, Shopping & Entertainment all in a huge mall, including an IMAX Movie Theater. Don’t miss out. Schedule a viewing today!
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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 | $1,500 | $1,500 | $1,500 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $10 | $10 | $13 |
Total Monthly Payment | $85 | $85 | $88 |
* 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.