Welcome to the serene community of Cypress Springs, where you will find this wonderful 3-bedroom, 2. 5-bathroom home nestled on a quiet cul-de-sac. As you enter the foyer, vaulted ceilings and clerestory windows greet you, allowing an abundance of natural light to fill the space. The spacious living room features custom niches and shelving, with durable laminate and ceramic tile flooring throughout the first floor. The chef’s kitchen comes equipped with newer stainless-steel appliances (all replaced in 2023) and adorned with butcher block countertops and tile backsplash (2023), wood cabinets, and a breakfast nook accented with a bay window. The primary retreat, located on the first floor, includes French doors leading to the screened lanai along with two closets, dual sink vanity, an updated tile shower, and a separate garden tub. The split floor plan offers great privacy with the remaining two bedrooms upstairs. Perfect for entertaining or relaxing, the large, screened lanai awaits, and the extra-long driveway plus two-car garage provides ample parking for guests or a growing family. The community is zoned for sought-after schools and offers amenities such as a community pool, pavilion, tennis courts, playground, and trails for walking, running, or biking. With easy access to 408, 417, and proximity to UCF, Valencia College, Waterford Lakes Town Center, Downtown Orlando, Research Parkway, and Orlando International Airport, this home is ideally located for convenience in a peaceful environment. Seller to offer $10, 000 buyer credit at closing towards the replacement of the roof.
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $429 | $429 | $429 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,129 | $2,102 | $2,699 |
Total Monthly Payment | $2,633 | $2,606 | $3,203 |
* 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.