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EXPANDED CADIZ model home that has larger rooms and large outdoor living with lanai and cage that wraps around the courtyard home to a back lanai with golf course views. WESTERN exposure on your private pool. The best of both worlds with privacy and golf views. This three bedroom en suites home has newer HVAC units and a newer roof for your comfort and peace of mind. THREE car SIDE LOADING garage. There is longer roof coverage over the back of the home for shade, and this space could become a den/office for the buyer needing one. Lanai screening is super screen and the back lanai has a picture window screen. Flooring in primary and and guest room has been upgraded to Cortex flooring. Newer pool equipment and HVAC. The best of both worlds--PRIVACY and WEST exposure for your pool, but a back lanai that has golf course views if the privacy landscaping is trimmed. No early morning golf course noise at poolside, and lots of privacy. The Club at Olde Cypress is a well respected PB Dye course that many golfers that do not reside in the community join for its challenge. It has had consistent renovations with the fastest drying greens in the county. Social membership is required for residents, with no initiation fees. Tennis, pickleball, bocci and fitness center with club house dining is all included in the social membership. (not minimums!) ONLY 550 homes in this community and all are single family homes makes for a neighborhood feel that is very social and FUN. Check out The Club at Olde Cypress Facebook page to see all of the social events afforded members. NEW expansion plans recently announced for the clubhouse, With NO Assessments. NO CDD. Note where the guard gate is here. It is on the other side of the clubhouse. During reciprocal season, many golf communities have guests in and out of the residential streets--not the case here where only registered guests enter the residential streets of Olde Cypress. Logan's Landing and Founder's Square are close, Mercato is a short drive. Peace of mind in living east of the gulf, but close enough to enjoy all that it offers, giving you the best of both worlds.
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Our Executive Mortgage Banker:
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$1,325,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,060,000 | $1,060,000 | $1,060,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | $893 | $893 | $893 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,141 | $6,963 | $9,380 |
Total Monthly Payment | $8,158 | $7,980 | $10,397 |
* 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.