Priced below appraised value, this canal-front home offers direct access to Lake Eustis and the entire Chain of Lakes. With 112 feet of canal frontage, a 2016-built dock, and a spacious backyard, outdoor living is a dream. Enjoy serene mornings and evenings on the screened-in porch, or relax in the covered courtyard at the front of the home. Inside, the open living and dining area boasts stunning Brazilian cherry hardwood floors and a cozy brick fireplace, creating a warm and inviting atmosphere. Natural light floods the space through the new windows installed in 2019, adding to the home's bright and airy feel. The property features an ideal office space and an indoor laundry area for convenience. Step into the Florida room adjacent to the family room, leading to the screened porch for seamless indoor-outdoor living. With a new roof installed in 2021 and updated plumbing in 2023, this home promises peace of mind. Experience the perfect balance of comfort and adventure in this exceptional waterfront retreat!"
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$395,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $379 | $379 | $379 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,971 | $1,920 | $1,314,033 |
Total Monthly Payment | $2,425 | $2,374 | $1,314,487 |
* 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.