2873 AVALON ST, Cantonment, FL 32533
This meticulously maintained brick, lake view home, on a private culdesac street in Bentley Oaks is a must see! It is the popular Walnut floor plan. The lake is county owned and has been named Bentley Lake. As you sit out back in the mornings , you will see the breath taking sunrise over the lake with private woods behind the lake for a spectacular view while drinking your morning coffee or exercising on the spacious, covered lanai . Canadian geese stop to rest from time to time during their migration. In addition, you will see many types of wildlife around the lake, including cranes, turtles, bald eagles, deer, and so many more. It is truly a unique lot and view. It is shaded in the back during the evenings, and perfect for entertaining. The lot is .25 acres and has plenty access for any future backyard projects. This open concept home is equally as stunning with chimney rock brick and southern ivory mortar. Boasting 3 spacious bedrooms, PLUS an over sized study, 2.5 bathrooms, a large walk in pantry, and a covered front and back porch it will certainly leave a lasting impression. This home shows like a model home with custom woodwork accents in the main area, 42' ivory cabinets with an oversized gray accent island overlooking the family room, with gorgeous granite counter tops throughout. The family room and owner's retreat has trey ceilings with crown molding. The owner's bathroom has a large walk in shower, separate garden tub, double vanity and walk in closet. Beveled LVP flooring is in all areas except bedrooms and closets. Gas is on the street in front of the home if ever needed. Bentley Oaks has sidewalks throughout the neighborhood, a central park with basket ball and pickleball, street lights and you will see golf carts driving around the community. Minutes from I10, and NFCU, close to downtown and hospitals, short drive to beaches and bases, makes it an ideal location. Please view the attached 3D walk through virtual tour.
You may be able to put down less than the total down payment amount of $152,418 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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% 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.
Frequently asked questions
What is Roam?
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?
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?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #651336