Under contract-accepting backup offers. Presenting a home that checks all the boxes! Situated in the Villa area of Rainbow Springs, this unique residence stands out from the rest. While it's not a traditional villa, it provides the perks of owning a stand-alone home, coupled with the convenience of monthly lawn maintenance, including mowing, mulching, and shrubbery trimming—only one of two individual homes offering this service in the Villas area. Recent upgrades such as a new roof 2022, new refrigerator & stove 2023, exterior paint 2022, new window shades 2022, new interior paint 2021, along with numerous interior enhancements, ensure that this home is move-in ready. The hassle-free luxury vinyl plank flooring & tile throughout makes upkeep a breeze. While the newly added fans contribute to the overall charm of this already beautiful home. This residence, a one-of-a-kind favorite plan, boasts the flexibility of one guest bedroom that can be utilized as an office or den, complete with plantation shutters for privacy. The other guest bedroom is strategically laid out in a split plan for added seclusion. Two solar tubes provide ample natural light, and the inside laundry room with extra storage simplifies your daily tasks. The under-air Florida room adds a delightful touch, offering a serene space to enjoy the day with a view of the expansive backyard—perfect for sipping morning coffee or unwinding during happy hour. Ownership in Rainbow Springs POA comes with exclusive park access to the Rainbow River, featuring a swim area, kayak/canoe/paddleboard launch, and numerous spots for picnicking or simply relishing the river. Additionally, enjoy over two miles of walking trails and access to the community center, all for a modest annual fee of $236. This home presents a plethora of features and is eagerly awaiting its new owner!
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$305,000
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 | $244,000 | $244,000 | $244,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.893% | 7.171% | 6.623% |
Monthly Tax Payment | $251 | $251 | $251 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,644 | $1,622 | $2,109 |
Total Monthly Payment | $1,970 | $1,948 | $2,435 |
* 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.