Lovely property on just over 1 acre in the highly desirable Rainbow Springs Woodlands. House has many unique features and will require some personal touches to make it your own but the canvas is open to create your masterpiece. A living room, family room with fireplace and dining area are large and fairly open to each other. The split bedroom plan keeps your family/guests on one side of the home while your space is on the opposite side. Additionally, there is a den/office room off the master with access to the family room. Another bonus space uses the renovated garage and would be a great man cave/lady space/children's play room. The kitchen has many cupboards and shelves for all your cooking needs. The family room has sliders to the lanai overlooking the back yard. Newer on demand propane water heater. There is a large wood frame building in the back that houses a large carport, 2 plus car garage and workshop along with a very large room with a half bath - open for whatever dream space you have been wanting. To add to this property, the community POA (property owners' association) has a low annual fee of only $236 which gives you access to the Resident only River Park, the Woodlands Walking Trail and the community center with many outdoor activities available as well as the fitness and billiard rooms.
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Our Executive Mortgage Banker:
Our Insurance Division:
$362,500
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 | $290,000 | $290,000 | $290,000 |
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% | 7.282% | 6.623% |
Monthly Tax Payment | $175 | $175 | $175 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,978 | $1,954 | $2,506 |
Total Monthly Payment | $2,228 | $2,204 | $2,756 |
* 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.