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Awesome opportunity to own a 1 story townhome located in the highly sought after gated community of Forest Lake. This 2 bedroom 2 full bath boasts of pre-engineered hardwood flooring 7 ceramic floor tiles throughout the home. Kitchen has granite counter tops, tiled backsplash, stainless steel appliances and oak cabinets that extend to the ceiling and have soft close features. The great room has a vaulted ceiling and exudes plenty of exterior windows for natural light and also has an electric fireplace with a beautiful mantel. The front porch is inviting and the back yard makes you feel like you are at a resort in the tropics. Beautifully done, this back yard oasis is enchanting and can be accessed from the great room or the primary bedroom. Inside this gated community, you will find a community pool, tennis courts, clubhouse, lake & several park like settings. If you are looking to downsize, this is the community for you or your parents. Super close to shopping, restaurants, schools & medical & all in close proximity to Woodruff Road.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Insurance Division:
$234,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $187,920 | $187,920 | $187,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $80 | $80 | $80 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,188 | $1,249 | $1,573 |
Total Monthly Payment | $1,343 | $1,404 | $1,728 |
* 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.