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FIXED PRICE Welcome to a wonderful established neighborhood. Lake Yale is a great place to live. You will get to know your neighbors quickly at one of the many arranged events. The home has one of the best locations in the community. There is a glazed sunroom that overlooks green areas and to the rear you can relax on the screened lanai overlooking the trees. The house is large. 1664 sq ft with the enclosed screen room of 220 sq ft. brings the total area up to 1884 sq ft. A wonderful house in which to live. It sits on one lot which you own and has only one HOA fee of $165 each month. For that you get your grass cut and the fee also provides for the association facilities. Clubhouse with meeting room, kitchen, library with pool table and outside a swimming pool and spa. In the rear, there is a shuffleboard court and a dock onto Lake Yale. You can fish from there and if you wish you can have a boat dock. A wonderful place to enjoy retirement. The floors in the living room and three bedrooms are wood. Vinyl in the large kitchen/diner, utility room, and bathrooms and the only room with carpet is in the sun lounge. On the rare cold evening in the winter, there is a fireplace. The home is easily maintained. To the side there is a long covered carport with a storage unit at the end. The home and location have everything that you could desire in a home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$220,000
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 | $176,000 | $176,000 | $176,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $102 | $102 | $102 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,054 | $1,098 | $1,450 |
| Total Monthly Payment | $1,231 | $1,275 | $1,627 |
* 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.