THE OWNER IS OFFERING A $200, 000 CREDIT AT CLOSING TO FURNISH THIS BRAND NEW CONSTRUCTION VACATION PROPERTY! Welcome to 1447 Butterfly Milkweed Ct, in Watersong Resort: an investor’s paradise. Almost 20 minutes from Walt Disney World and with a floor plan of just under 6400 sf, this home located on a cul-de-sac premium lot and with a 3-car garage that includes a built-in electric car charger is appealing to the “go all out” type of investor. This home is the largest production home in Central Florida with 15 bedrooms, 15 full baths & 2 half baths. Similar area properties are earning a 10% cap rate with 73% occupancy // $223, 000+ in annual gross rents. The kitchen has an ideal setup for catering to large groups featuring two refrigerators, two dishwashers and a wet bar. On the extended pool deck and lanai there is plenty of room for guests to spread out and relax with the privacy of conservation views and a cul-de-sac lot. Plus, with a half bathroom conveniently located by the pool, entertaining becomes a breeze. The bedrooms, all of them with en-suite bathrooms, are ideally divided within the two floors having five of them downstairs, including two master suites complete with walk-in closets and water closets, and ten of them upstairs. A loft area upstairs surrounds them with its own half bathroom providing additional living space. Guests can venture out to enjoy the many amenities that Watersong Resort has to offer including a resort style pool & spa, fitness center, basketball & volleyball courts, a cybercafé, game room, playground & picnic area. A short drive will have guests at any of Orlando’s many attractions including Sea World, Disney World, Universal Studios, plenty of shopping and restaurants! Call today to schedule your showing.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,609,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,287,920 | $1,287,920 | $1,287,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.002% | 6.956% |
Monthly Tax Payment | $108 | $108 | $108 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,677 | $8,461 | $11,397 |
Total Monthly Payment | $8,910 | $8,694 | $11,630 |
* 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.