Lake front living in Downtown Sanford - this is what dreams are made of!! Enjoy this spacious 1 bedroom, 2 bath condo overlooking Lake Monroe and just steps away from the vibrant historic district of downtown Sanford. This lovely condo with amazing views of the lake from the living room and kitchen features an open floorplan with living and dining combined featuring wood-look tiled floors, large kitchen with loads of solid surface counterspace and abundant solid wood cabinets. The primary bedroom at the front of the unit features a Walk-in closet and spacious bathroom with tub and shower! There is also a large secondary full bathroom for guests. You are sure to spend a lot of time on the screened patio overlooking the water and watching the boats go by. . You will also enjoy your front row seat to fireworks on the 4th of July, spectacular! Enjoy the lifestyle that historic Sanford offers with so many amazing restaurants, shops and unique events throughout the year. Come see this luxury condominium home today before its to late.
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,900
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 | $255,920 | $255,920 | $255,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $159 | $159 | $159 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,703 | $1,681 | $2,158 |
Total Monthly Payment | $1,937 | $1,915 | $2,392 |
* 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.