Now here's a gem. In an area of larger well-kept homes Close to the Rainbow River for kayaking, fishing or just relaxing. This beautiful Rainbow Springs Country Club home is the Canterbury model that has been expanded from the original plan. Because of this expansion it makes the kitchen as well as the master bedroom even larger than would be expected. The roof is only 2 years old, the A/C unit is only 3 years old. This home boasts 3 bedrooms and 2 full bathrooms. Very spacious and functional kitchen with a large eating area that looks out on to the beautiful well-kept yard. Nice mature trees and shrubbery make for a pleasant time outdoors. Lots of privacy as well. There is a huge 3 car garage with great workshop area for the vehicles and all the toys. Plus, a very nice work bench for the handyman or hobbyist. There is an insulation upgrade with a radiant barrier included that will help with utility bills. Extremely large lanai for entertaining a big crowd. It's perfect for those family get-togethers. It is completely enclosed with new screening. Don't forget the fantastic amenities at Rainbow Springs. There's the great community building with gym, billiards, meeting and conference rooms, plus Cheers Restaurant and bar with live entertainment on weekends. Also, there is a swimming pool, tennis and pickle ball courts, Frisby golf, bocce ball and a driving range. Plenty of things to keep you busy. You don't want to miss this one. Seller is also willing to help buyer with closing costs.
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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 | $259,920 | $259,920 | $259,920 |
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 | $144 | $144 | $144 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,751 | $1,728 | $2,246 |
Total Monthly Payment | $1,970 | $1,947 | $2,465 |
* 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.