New Price!. . Why wait to build a new home when you can own a beautifully maintained 2022 home that still feels brand new? This stunning two-story corner lot home, located in the desirable community of Cypress Oak in Groveland, is just minutes from Clermont and Minneola. With a spacious open floor plan, this home features four bedrooms, all situated on the second floor, along with a large bonus room/loft perfect for a TV room, playroom, or a private retreat. The modern kitchen showcases 42-inch cabinets with crown molding and stainless steel appliances.
The first floor is dedicated to the common areas, including the kitchen, dining room, formal dining area, living room, and a convenient half bathroom for guests. The Cypress Oak community offers fantastic amenities such as a community pool, playground, dog park, all for a low quarterly fee. For active families, the Legacy Loop Trail provides safe and comfortable access to the downtown core from the South Lake Trail.
Cypress Oak's prime location near the Lake County chain of lakes is ideal for boating and fishing enthusiasts. Situated on the border of Clermont and Groveland, with easy access to Minneola, this community is perfect for commuters due to its proximity to the FL Turnpike, Highway 27, and Highway 50. With close access to hospitals, schools, shopping centers, grocery stores, restaurants, and major highways, this home is perfect for those with a daily commute. Does this sound like your ideal home? Schedule your showing today!
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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 | $388,000 | $388,000 | $388,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $556 | $556 | $556 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,581 | $2,579 | $3,272 |
Total Monthly Payment | $3,212 | $3,210 | $3,903 |
* 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.