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Presented by![]() Julie Dateo |
Under Construction. Ready in April. Discover The Iris at Magnolia Reserve in Ocoee, FL! These beautiful townhomes offer the perfect combination of easy living and modern design. Built with comfort in mind, this home blends stylish details with practicality to fit your everyday needs. This interior unit features an open floor plan, ideal for both relaxing and entertaining. With 3 bedrooms, 2. 5 bathrooms, and a flexible loft area, this home is designed for your convenience and comfort. The main floor is highlighted by 17x17 grey tile flooring, creating a neutral and welcoming feel throughout. The kitchen is the heart of the home, showcasing white shaker-style cabinets, 42" upper cabinets, sleek granite countertops and stainless-steel appliances, including a microwave, stove, and dishwasher. Upstairs, unwind in the spacious primary suite, complete with a large walk-in closet and a luxurious en-suite bathroom featuring double vanity and peaceful finishes. The second floor also offers two generous bedrooms, a versatile loft space, and a convenient laundry room. Enjoy the outdoors on your private patio or take advantage of the one-car front-load garage and two-car paved driveway. With only 48 townhomes available at Magnolia Reserve, don't miss your chance to own one of these stylish homes in a prime location! Experience modern townhome living today! DISCLAIMER: Photos and/or drawings of homes may show upgraded landscaping, elevations and optional features that may not represent the lowest priced homes in the community. Pricing, Incentives and Promotions are subject to change at anytime. Promotions cannot be combined with any other offer. Ask the Sales and Marketing Representative for details on promotions.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$379,990
Sales Associate
William Raveis Real Estate
Phone: 617.938.2220
Julie.Dateo@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,992 | $303,992 | $303,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,921 | $1,997 | $2,545 |
Total Monthly Payment | $1,996 | $2,072 | $2,620 |
* 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.