This property is ideally situated along a deep-water canal for boat clearance that connects directly to LAKE EUSTIS, one of the 7 HARRIS CHAIN of LAKES. This beautiful 3/2 chain of lakes home is in a 55+ community and is a paradise for fishing, boating and nature lovers with a quiet and fun community. It's a great life, drop your boat in the water to fish in the morning, water ski, cruise or kayak in the afternoon, or take a dinner outing at one of the numerous lake-side eateries. This large well maintained 3-bedroom. 2-bathroom home with a chef's delight kitchen with many cabinets, a large pantry and ample workspace, leading into a large dining room with beautiful built-ins that you can hold amazing holiday gatherings in. A large living room, family room, a Master bedroom with an ensuite, 2nd bathroom and 2 additional bedrooms. You have many options with this layout making an office, Craft room, sewing room, guest rooms or whatever you need. There is a large storage room with laundry area in it. It has room to garden and to add a pool outside. It has a big boat house with electric lift, room to sit, BBQ and relax. There are several large welcoming screened lanais' surrounding the home where you can enjoy yourself and have extra room to entertain guests on those pretty Florida days and evenings. This property offers the convivence of being close enough to enjoy downtown Tavares, Mount Dora, Eustis & Leesburg. Close by are two hospitals, parks, greenspace, golfing, shopping, restaurants, markets, all the festivals, with easy access to the Orlando area, along with all the amenities you desire. Do not second guess this opportunity, call today to start your new relaxing lifestyle on the water in an amazing community.
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William Raveis Real Estate
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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 | $272,000 | $272,000 | $272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $263 | $263 | $263 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,856 | $1,808 | $2,294 |
Total Monthly Payment | $2,194 | $2,146 | $2,632 |
* 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.