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Don’t think about moving into a brand new neighborhood when you can move into this established community and get to know your neighbors very quickly at all the arranged events. This is a wonderful opportunity to buy one of the largest homes in the community at 1863 sq ft and is sitting on 2 lots. There is also an enclosed lanai to the rear and a screened lanai that overlooks the green area and trees, in the front. The rear lanai has solid screening and the front lanai has net screening. The kitchen is a cook’s dream! Once viewed you will fall in love with this property! Another important item to flag is that you OWN your own lot. No rent, just the HOA payment that includes use of the clubhouse with meeting room, kitchen, library with pool table, outdoor heated swimming pool & spa, shuffleboard court, and fishing pier with boat dock on beautiful Lake Yale. You can fish from the dock or arrange to keep your boat in a storage compound which can house trailers, boats, etc. at no charge. Also included in your HOA fee is grass cutting of both of your lots. All the rooms have wood floors with the exception of the utility room and bathrooms, which are vinyl. If you want luxurious living, welcome to 37848 Maywood Bay Drive.
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Our Executive Mortgage Banker:
Our Insurance Division:
$224,000
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 | $179,200 | $179,200 | $179,200 |
| 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 | $200 | $200 | $200 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,073 | $1,118 | $1,476 |
| Total Monthly Payment | $1,348 | $1,393 | $1,751 |
* 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.