Welcome to abundant, carefree living in this impeccably furnished condo, boasting over 1, 000 square feet under air—an impressive size for a one-bedroom unit in Arbor Trace! The living room welcomes you with a brand-new queen-size sleeper sofa, ideal for hosting family and friends. The air conditioning unit is less than 2 years new, providing you comfort and peace of mind for years to come! Fresh laminate wood flooring adorns the kitchen, living, and dining areas, adding an air of elegance to the space. Step onto the serene screened-in lanai to enjoy treetop views, while the convenience of an in-unit washer/dryer and ample closet space enhances everyday living. Maintenance fees cover high-speed fiber optic television and internet, water, sewer, trash removal, pest control and building insurance. Plus, indulge in additional perks such as fitness amenities, fine dining, transportation to medical appointments and shopping, ensuring a truly worry-free living experience! This condo offers fee-simple, deeded ownership with 100% equity, low property taxes, and no financial or medical commitments. Arbor Trace caters to an active 55+ community, offering residents priority placement in Arbor Glen, the assisted living facility, if ever needed. It's the perfect choice for those seeking spacious, carefree living in a vibrant, mature community!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
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 | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | $99 | $99 | $99 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,086 | $1,058 | $1,365 |
Total Monthly Payment | $1,260 | $1,232 | $1,539 |
* 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.