Under contract-accepting backup offers. This wonderful Lakefront property is situated in the gated section of Waterside. From the street the property looks like a 2 story home but has the benefit of a huge split level basement with secondary master suite leading through the electric screened lanai to the fenced salt water pool and heated spa. Entering the property down a covered walkway with private open courtyard you are immediately met by a bright and airy open plan living area with spectacular views of the lake from every window and further views of the pool and dock from the two large balconies on 1st and second floors, the basement level and 1st floor have electric screens. The first floor has the primary bedroom and large bathroom with oversized shower and free standing bath tub, two huge walk in closets and dual sinks, the first floor also has a second bedroom with en suite bathroom, additional rooms on the 1st floor include an office, dining room and laundry room. Upstairs there is a large loft, four further bedrooms with two bathrooms and a second laundry room with front load washer and dryer Downstairs, in addition to the secondary primary suite or in law suite there is a large bathroom and large walk in closet as well as lots of storage closets. The whole of the lower floor is laminate flooring. The home sits on one of the widest lakefront lots in the community with in excess of 125ft of lake frontage, the driveway has been extended to accommodate at least 4 cars. The community pool and gym is a short walk from the house. Waterside is located close by to the 429, turnpike, Winter Garden Village and Hamlin for excellent shopping
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $2,021 | $2,021 | $2,021 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,781 | $12,781 | $17,525 |
Total Monthly Payment | $14,927 | $14,927 | $19,671 |
* 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.