WOW HUGE 2. 41 Acre Lot! No Mitigation Needed!! Ready for your Dream Home in Utmost Privacy and Tranquility!! So Much Land you Can Build Your House Hidden Away in Your own Private Woods! Ready to Embrace the Wedgefield lifestyle? Your chance is here on Bancroft Blvd with an Amazing 2. 41 Acre Homesite. A Short Walk from Wedgefield K-8 School! Wedgefield is Golf and Equestrian Community like No Other! A true Hidden Gem in East Orlando also known as Cape Orlando Estates offering 18-Hole Golf Course with Clubhouse and Public Restaurant. Large Playground in the Community Park, Multiple Ball Courts, Including Pickleball! Outdoor Exercise Equipment, Dog Park and Weekly & Monthly Community Events to Enjoy! This Incredible Location of Wedgefield also is Home to the Hal Scott Regional Preserve and Park a 9, 515-acre nature preserve. Hal Scott Preserves boasts miles of unspoiled sanctuary trails for hiking along the scenic shoreline of the Econlockhatchee River, with plenty of wildlife to view!! Trails are available for hiking, horseback riding and bicycling, and fishing is permitted. In Wedgefield the Proximity to 528 Allows for seamless commute to Lake Nona, Medical City or Downtown Orlando via 417, 408 or I-4. The Shores of Port Canaveral and the Beaches are just minutes away. If you are looking to create your Dream Home near World-Class Amenities or seeking a smart Investment Opportunity Come see this Oversized Lot on Bancroft Blvd. Today! **Owner Finance Options Available**
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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 | $207,199 | $207,199 | $207,199 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,379 | $1,377 | $1,747 |
Total Monthly Payment | $1,454 | $1,452 | $1,822 |
* 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.