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Your next investment or perfect starter home awaits at 118 Springfield Pass in the booming area of Davenport, FL. This is a single-family property features 3-bedroom, 2-bathroom split floor plan with over 1, 200 square feet of living space, and it is located in a neighborhood zoned for profitable short-term rentals. * Inside, you will find durable ceramic tile, fresh paint, and a spacious living room with beautiful vaulted ceilings. The eat-in kitchen comes very well-equipped with stainless steel appliances and granite countertops. * The community also offers excellent amenities, including a swimming pool and playground. Positioned just minutes from major highways, popular theme parks, shopping, and dining, this turn-key property is a must-see. Call today to schedule your private showing! * Information recorded in the MLS is intended to be accurate, but NOT GUARANTEED. HOA fees and regulations, home square footage, room sizes, and lot size should be independently verified.
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Our Executive Mortgage Banker:
Our Insurance Division:
$309,000
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 | $247,200 | $247,200 | $247,200 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | $327 | $327 | $327 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,481 | $1,542 | $2,036 |
| Total Monthly Payment | $1,883 | $1,944 | $2,438 |
* 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.