One or more photo(s) has been virtually staged. Reduced Priced for a quick sale, this College Park hidden gem is located in a walled-in community oasis, & is move in ready. The freshly painted unit has a NEW A/C system, water heater, range & refrigerator. Bedrooms are of generous size, each with ample closets that contain built-in shelving. Laminate vinyl flooring thru the majority of the unit, ceramic tile in wet areas (no carpet). The community is located in highly desirable College Park, close to Dubsdread County Club, highly rated restaurants & shops. The community is amazing, consisting of a lakefront (Spring-Fed super sized Lake Fairview) pool/clubhouse, BBQ grills, COVERED fishing dock, 6 boat slips, kayak/paddle board storage-a dream for the outdoor water enthusiast. The HOA includes water, sewer, trash, cable/internet & pest control. The community has a new roof which should aid future HOA insurance costs as well as new exterior paint. Owner Financing with 50% down. Very easy access to I-4, & downtown Winter Park/Rollins College. This unit is a blend of affordability & prime location & presents a rare opportunity for both the investor or owner occupant. Condo association fee includes internet and basic streaming package.
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Our Executive Mortgage Banker:
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$179,900
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 | $143,920 | $143,920 | $143,920 |
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 | $129 | $129 | $129 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $982 | $957 | $1,214 |
Total Monthly Payment | $1,186 | $1,161 | $1,418 |
* 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.