This lovely Newport model in OTOW is a rare find. As you walk up to this villa, you will immediately notice a beautiful covered front porch. You will enjoy relaxing on the front porch reading an enjoyable book or visiting with your neighbors. When you enter the front door, you will find a lovely living room and formal dining-space combination. Continue through and you will discover the kitchen is open to a cozy family room and kitchen eat in area. Beyond the cozy family room is an enclosed florida room which is under heat and air which can serve as an office or den. The master bedroom is large and will easily fit a king-sized bedroom suite. The master bedroom closet is also large with ample shelving. The guest bedroom is the prefect size for your overnight guests. The two closets in the hallway provide extra storage space for your linens and such. A great bonus is that the roof was replaced in 2017. On Top of the World isn’t just a place to live. Living in the beautiful community of OTOW is a lifestyle. You can be as busy as you would like to be or just enjoy the laid-back style of living in OTOW. The monthly HOA fee covers so much for you. Your lawn service is included, exterior painting every 7 years, roof repairs if needed, basic cable TV, master insurance plan for the exterior of the home, and use of all the OTOW clubhouse facilities. There are multiple pools, a state-of the art gym, racquetball courts, tennis courts, library, hot tubs, meeting rooms and craft rooms and much more. The tortoise and hare golf course is a private golf course for OTOW residents only. The Pub is a private restaurant for OTOW homeowners. Don't miss out on your chance to make this villa your home.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$159,900
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 | $127,920 | $127,920 | $127,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $50 | $50 | $50 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $851 | $850 | $1,097 |
Total Monthly Payment | $976 | $975 | $1,222 |
* 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.