1 of 33
$190,000

2572 Robert Trent Jones Dr Apt 1231 # 1231, Orlando, FL 32835

2 beds · 2 baths · 1,014 sqft

GREAT LOCATION, Charming 2BD/2BA 3rd Floor Condo is conveniently located in the desirable GATED COMMUNITY of Madison at Metrowest!! This unit features laminate, carpet and tile flooring, a WALL of WINDOWS flood in NATURAL LIGHT to the LIVING/DINING ROOM COMBO, making it the perfect OPEN space to entertain with views of the gulf course just beyond the trees. The kitchen has direct breakfast bar seating and provides additional access to the dining and living areas, featuring STAINLESS STEEL APPLIANCES, a bottle rack storage above the refrigerator and ample cabinet storage as well as open storage above the top cabinets to display decorative pieces. The PRIMARY BEDROOM is just off the living room, it's full bath with a shower/tub combo, cabinet storage and a large vanity completes this space. The generously sized SECOND BEDROOM is just off the kitchen and has lovely views of the golf course as well. The secondary guest bath has a shower/tub combo, vanity and ample storage. The stackable WASHER/DRYER combo is suitably located in the front hallway. Just off the living area the COVERED PATIO you can enjoy the breathtaking Florida sunrise and sunset views all year round amidst the lush landscaping and nature while backing up to a beautiful view of the golf course. Additionally you will find an outdoor storage for seasonal items. Enjoy NO neighbors above you, private assigned parking, a community pool with spa and fitness center! Located in the heart of Orlando, Madison at Metrowest offers easy access to major roadways S Kirkman Rd, FL Turnpike, I-4 and close proximity to Valencia College, Metro West Golf Club, Eagle Nest Park, Universal, Fun Spot, International Dr, Orlando Outlet Marketplace, dining, shopping and so much more! Whether downsizing, looking to invest or buying your first home; this condo is perfectly located to all that Central Florida has to offer!

Estimated
Seller's interest rate
2.8%
7%
Estimated
Principal & interest
$416/mo.
$639
You may also save up to $69,200 in total interest paid.
Listing price
$190,000

Your cash down payment
$98,474
Seller’s estimated current equity is $98,474
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $416 monthly payment

Financed
$91,525
Assumed mortgage 2.8% • Seller's rate
$91,525
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Location
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Details
Home
Size
1,014 sqft
Lot size
0.21 acres
Year built
1995
Type
Condominium
HOA dues
$0.00

Source: STELLAR #O6268903

Loan
Remaining term
25 yrs and 9 mos
Rate
2.8%
Monthly P&I
$416
Remaining loan balance
$91,525

Source: Public records

Who can qualify

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

Other resources
Frequently asked questions

What is Roam?

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Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

What is an assumable mortgage?

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An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

Why is an assumable mortgage valuable?

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When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

How can you find assumable mortgage listings?

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Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

How do I qualify for an assumable mortgage?

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To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

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Last updated: Mar 21, 2025 12:45 am
Listing agent: Jennifer Nadwornik (321) 303-4273
Listing provided courtesy of: KELLER WILLIAMS ADVANTAGE REALTY (407) 977-7600
Details provided by STELLAR and may not match the public record.
MLS ID: #O6268903
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$416/mo
View details