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Presented by
Monica Gowargy |
CANAL LOT WITH ACCESS ONTO LAKE DAVENPORT! Diamond in the rough! Looking for a water-view property at a budget-friendly price? Then read on. This delightful bedroom home offers a fantastic opportunity for a buyer seeking a blank canvas or a DIY project. The layout includes a separate living room plus a versatile bonus room featuring a walk-in closet and access to the laundry room. Currently used as a second bedroom, the bonus room could easily be transformed into a home office, den, or hobby room. Transom windows in the family room allow for an abundance of natural light, creating a bright and welcoming living space. Situated on a canal-front lot, the property features a wooden deck with steps leading down to a small dock, offering tranquil water views and great outdoor potential. The home has been priced to reflect the updates and repairs needed, making it an excellent value for the right buyer. Outdoor Resorts at Orlando is a secure, resident-owned community where homeowners own the land. The affordable quarterly HOA includes basic cable, water, sewer, trash removal, lawn care, a manned security gate, and full access to extensive resort-style amenities. These include a clubhouse, two community pools, tennis and pickleball courts, shuffleboard, mini golf, a nine-hole golf course, and more. The community is located on Lake Davenport with a boat ramp and first-come, first-served boat slips, along with onsite laundry facilities and a dedicated dog park. Ideally situated on US Highway 192, Outdoor Resorts is just minutes from shopping, dining, medical facilities, and a short drive to Disney and Central Florida attractions—perfect for seasonal enjoyment or year-round living.
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:
$89,990
Sales Associate
William Raveis Real Estate
Phone: 781.835.5554
Monica.Gowargy@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $71,992 | $71,992 | $71,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $113 | $113 | $113 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $443 | $455 | $598 |
| Total Monthly Payment | $631 | $643 | $786 |
* 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.