BOND PAID. TURNKEY 2/2 CABOT COVE MODEL in the tranquil Katherine Villas in the VILLAGE OF CAROLINE close to Lake Sumter Landing. This Old-Florida beach-style home has a spacious open-floor plan that's been modernized with tall vaulted ceilings, luxurious plantation shutters, vinyl plank flooring, updated lighting, updated faucets, granite countertops and stainless steel appliances. The large primary bedroom fits a king bed and has an en suite bathroom along with the spacious walk-in closet's custom organization system. A secluded front lanai is enclosed and air-conditioned for your ultimate relaxation. There's a new epoxy garage floor and newly installed Pegasus water treatment system that provides toxin-free soft water for your drinking and bathing pleasure. A terrific option for investors and owners alike, this turnkey villa on a secluded alcove with no thru traffic is the ideal property. Close to 466A with ample shopping and restaurants; close to Lake Sumter Landing, Havana Country Club, Coconut Grove Rec Center and Mallory Hill Country Club. ROOF 2021. HVAC 2021. HWH 2022.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $115 | $115 | $115 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,622 | $1,580 | $1,081,167 |
Total Monthly Payment | $1,812 | $1,770 | $1,081,357 |
* 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.