WELCOME TO RESORT/RETIREMENT LIVING IN THE FANTASTIC COMMUNITY OF FOXWOOD!!!WHETHER PART-TIME OR FULL-TIME, THIS OVER 55 COMMUNITY WONT DISAPPOINT YOU AND THE BONUS IS A FREE-STANDING RESIDENTIAL HOME WITH LOADS OF AMENITIES: X500 FLOOD ZONE -NO FLOOD INSURANCE, NEW IMPACT WINDOWS, NEW ROOF, FRESHLY PAINTED EXTERIOR AND FULL SCREEN ON GARAGE DOOR GIVING YOU ANOTHER SPACE TO WORK ON CRAFTS OR HANDYWORK, GREENSPACE BEHIND YOU! JUST SIT BACK AND ENJOY THIS HOME IN A GOLF CART COMMUNITY!!! Here it is! The open floorplan still defines each space including an eating area in the kitchen plus a more formal dining room that would accommodate a large group of family or friends. The large living room and spacious sunroom on the rear which could double as a third bedroom when needed for extra company. The welcoming front porch with windows and screens is a comfortable area to sit and relax or another place to enjoy your meals! As you enter the home, a pleasant foyer gives some space between rooms and a nice entry. The large kitchen has an abundance of cabinets, counters and an area at the end for a table and chairs. The well placed impact windows lend a lot of natural light to this room along with a side door onto a private patio area. The extra counter section is removable to be used as needed. The pass through opening into the generous living room works well for passing drinks and snacks into the many family members or guests you might entertain. New impact windows throughout along with doors & shutters. A workshop area in the garage for the handiman and a full screen on the garage door area to let natural light and fresh air into the garage As you can see, this is a terrific home in a fantastic community that offers a clubhouse which holds a multitude of activities, a pool, hot tub, shuffleboard, bocce, tennis, pickle ball or sit by the side of the lake and read You can be as active or inactive as you would like. Golf carts are welcomed as a means of transportation around the neighborhood.
This neighborhood is just minutes to five beaches, shopping, medical care and many good restaurants! This house is located in an X500 flood plain which means flood insurance is not required.
Don't miss this great property! It definitely is a gem!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $224,000 | $224,000 | $224,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.292% | 6.623% |
Monthly Tax Payment | $210 | $210 | $210 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,528 | $1,509 | $1,936 |
Total Monthly Payment | $1,813 | $1,794 | $2,221 |
* 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.