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Schedule a tour of this recently updated 1 bedroom 1 bathroom condo in the beautiful Arbor Lakes Community. This first floor condo features an ideal open floor plan with elevated ceilings and lots of natural light as well as a covered patio. The unit has just been freshly painted and has been fully tiled (no carpet!). The kitchen is a great size with an additional storage pantry as well as separate washer and dryer closet with brand new washer and dryer included. The bedroom features a large walk-in closet with plenty of storage space. The bathroom includes a large double vanity as well as separate linen closet as well as soaking tub/shower combination. Additional features include an extra storage closet off the dining room, ceiling fans in the bedroom and living room, . Arbor Lakes is a gated community that features a large resort style clubhouse with many amenities including: fitness center, indoor basketball, tennis courts and pool area with covered cabanas. Rental Qualifications include 3X rent as income and credit score of 650 and higher. There is a no pet and nonsmoking policy at this property. Water is included in the rent price as well!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $1,120 | $1,120 | $1,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $6 | $7 | $9 |
| Total Monthly Payment | $81 | $82 | $84 |
* 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.