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Homes in Summerglen offer rare affordability in Jacksonville's Northside with the benefit of no annual CDD fees, saving homeowners approximately $2, 600+ per year compared to nearby communities, which can equal about $26, 000 over 10 years and nearly $78, 000 over 30 years in long-term savings. Final opportunities remain to purchase in this completed new construction community near Jacksonville International Airport and River City Marketplace, offering move-in-ready homes with low-maintenance living and low HOA costs in an established neighborhood setting. This new construction home features 4 bedrooms, 2 bathrooms, and 1, 882 sq. ft. with an open-concept layout, split-bedroom design for privacy, a large kitchen with eat-in nook overlooking the family room, and a formal dining area designed for flexible living. Enjoy a covered lanai and private backyard setting with preserve views with no rear neighbors for added privacy on select homes. Eligible buyers may receive up to $15, 000 in Flex Cash toward closing costs, upgrades, or an interest rate buy-down, with estimated monthly payments ranging from approximately $2, 400-$2, 700 depending on rate and terms. Conveniently located near major highways, shopping, dining, employment centers, and Jacksonville International Airport, this home is ideal for relocation buyers, airport commuters, and anyone seeking affordable new construction with long-term value. With limited homes remaining before community closeout, this is one of the final opportunities to own new construction in Summerglen. Limited homes with this floorplan remain.
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Our Executive Mortgage Banker:
Our Insurance Division:
$321,550
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 | $257,240 | $257,240 | $257,240 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.652% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,584 | $1,624 | $2,136 |
| Total Monthly Payment | $1,659 | $1,699 | $2,211 |
* 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.