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Under Construction. What's Special: Model Leaseback |Close to Trails | Close to Amenities | Ne Rear Neighbors. Model Home Leaseback - Available for June Closing! This model home purchase includes our Model Leaseback Program. *This program is perfect for buyers who want to purchase now but aren't ready to move. Contact seller for more term details on leasing your home back. When the lease is up, you move in! Model leaseback terms vary by model home. Please see a Community Sales Manager for additional details. Restrictions may apply. Welcome to the Ivy at 10652 Orbit Terrace in The Towns at Skye Ranch! This new townhome features a bright, open layout designed for comfortable everyday living. The first floor offers a welcoming foyer that leads into the dining area and great room, creating a seamless flow ideal for entertaining. The kitchen is thoughtfully appointed with quartz countertops, ample cabinetry, a pantry, and direct access to the lanai for easy indoor-outdoor enjoyment, while a convenient powder room completes the main level. Upstairs, the private primary suite provides a relaxing retreat with an en-suite bath and generous closet space, complemented by a secondary bedroom, full bath, tech space, and an upstairs laundry area for added convenience. Discover modern, open-concept townhomes in the gated, master-planned Skye Ranch community in Sarasota. Ideally located at Clark and Lorraine Roads, this premier setting offers endless opportunities to explore and enjoy life. The community preserves natural beauty with grand oaks, lush palms, forested wetlands, pristine lakes, and native wildlife. Additional Highlights Include: GE refrigerator, washer and dryer, whole house blinds, upgraded tile flooring on first floor, upgraded carpet on second floor, and upgraded cabinets. Photos are for representative purposes only. *Model Home Prices exclude furniture, decorative accessories, and closing costs and already include any lot premium, Seller installed options and upgrades; Buyer-selected options are no longer available. For financed buyers, lender restrictions on leasebacks for certain lenders may apply. Photos are for illustration only and do not necessarily represent actual available model home. No representation of any kind is made or implied regarding the Model Home's future value or benefits, or availability of financing for a leaseback transaction. See Model Home Purchase Agreement, Model Home Addendum, Model Home Leaseback Agreement, and, if applicable Non-Realty Bill of Sale Addendum (for furniture and any other non-realty personal property sold separately in select model homes) for details. Model homes subject to prior sale. MLS#A4694182
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Our Executive Mortgage Banker:
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Phone: 888.699.8876
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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 |
|
|---|---|---|---|
| Loan Amount | $232,975 | $232,975 | $232,975 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,434 | $1,492 | $1,950 |
| Total Monthly Payment | $1,509 | $1,567 | $2,025 |
* 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.