NEW PRICE, yes that’s correct. NEW PRICE! This is it! The home is in the highly sought after Oakland Trails. Oakland Trails is a neighborhood of single-family residential homes located in Oakland, a small community on the edge of Winter Garden. This neighborhood is perfectly situated south of Florida’s third largest lake, the 30, 000-acre Lake Apopka, and just north of Johns Lake. On the border of Orange and Lake County, Oakland Trails residents have direct access to the 22-mile West Orange Trail. The Town of Oakland is about 16 miles west of Downtown Orlando and an ideal location for getting to nearby shopping and entertainment, and for commuting to Orlando’s famous theme parks including Walt Disney World Resorts and Universal Orlando. This 5 bedroom 3 bath contemporary home shouts pride of ownership throughout. The Energy Star Home is loaded with over $100K in upgrades: Solar panels, Gourmet kitchen, soft close drawers, granite countertops, flooring, lighting, stone accent interior walls, designer ceiling fans, owner's retreat, 4th bedroom conversion to massive walk-in closet(can easily be converted back to a bedroom), entertainment/media package, tile roof, oak stair railing, all plumbing in place to add a water treatment system and MUCH MUCH more. The West Orange bike and hiking trail is just a block away. Homeowners at Oakland Trails enjoy access to a number of neighborhood amenities that are maintained by the homeowners association including a community clubhouse, a swimming pool, a dog park and a playground. Definitely, a must see. Schedule your showing TODAY!
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Our Executive Mortgage Banker:
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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 | $628,000 | $628,000 | $628,000 |
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 | $532 | $532 | $532 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,231 | $4,174 | $5,427 |
Total Monthly Payment | $4,855 | $4,798 | $6,051 |
* 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.