Desirable Summerfield, one of the premier communities in Riverview with no CDD, and low HOA. South Cove is where you play where you live, and live where you play. This home features 4 bedrooms, 2 bathrooms, and a separate formal living and dining room. Large open kitchen with breakfast nook new SS appliances, overlooking the family room ideal for entertaining. Split bedroom floor plan, with large master suite, and master bath with his and her sinks, shower and garden tub, large master closet. Large patio with covered porch and fenced, 2 car garages, inside laundry room. New AC, Roof, Water Heather, and Solar Panels. The community is centrally located, near the Hwy I-75 and 301, shopping, hospitals and entertainment. A+ school district. Summerfield offered, golf course, gym, pools, tennis court, indoor basketball court. Don't miss this opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$409,000
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 | $327,200 | $327,200 | $327,200 |
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 | $460 | $460 | $460 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,177 | $2,175 | $2,805 |
Total Monthly Payment | $2,712 | $2,710 | $3,340 |
* 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.