This highly sought-after FIRST-FLOOR unit in the Gladstone Building (G-2) offers privacy and tranquility! A coveted lakefront community situated on the shores of Lake Maitland. Green lawns, valuable amenities, and impressive, mid-century modern architecture. Designated parking space is steps from the front door. This remodeled condo features 2 bedrooms, 1 bathroom, laundry including washer and dryer and two private entrances. Beautiful engineered floors in main areas and primary bedroom. Well appointed kitchen features Maple cabinetry, granite countertops, and eat-in kitchen. Upgraded stainless appliances refrigerator and oven 2023. Large master bedroom includes two wall closets. Stackable washer and dryer conveys. Additional laundry facilities, putting green, shuffleboard courts, storage units, and enclosed bicycle storage. Walk to Maitland Farmers Market, Lukes, Enzian Theater and Eden Bar, Lake Lily, Antonio’s, Francescos or short drive to Park Avenue. Quick to downtown Orlando. Perfect location. Good reserves and well-run HOA. Professionally managed by First Service Residential, Customer Care Hotline, Full-time on-site Community manager, Full-time on-site Maintenance manager, and car wash area. You may obtain a permit for an electric car charger on your parking space. Service animals or emotional support animals are allowed with documentation. After owning for 1 year, you may put your name on the rental waiting list. Rental restrictions. www. lakemaitlandterrace. com.
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Our Executive Mortgage Banker:
Our Insurance Division:
$289,000
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 | $231,200 | $231,200 | $231,200 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $163 | $163 | $163 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,538 | $1,537 | $1,950 |
Total Monthly Payment | $1,776 | $1,775 | $2,188 |
* 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.