Under Construction. Welcome to 785 Cypress Ave, a beautiful home located on 1+ acre agricultural cleared lot. The front yard is 165'x50' and the rear yard is a peaceful sight from the 18'x10' covered rear porch measuring 165'x217' leaving plenty of room for additional buildings including an accessory dwelling unit. This spacious 4-bedroom, 3-bathroom residence boasts an open floor plan designed to maximize natural light, creating a bright and airy atmosphere throughout. As you enter the home through the double front doors from the 30'x6' covered front porch, you are greeted by a transitional room that can be utilized for a living, dining or office. Continuing through, you'll find a generously sized kitchen with a combination dining room with a 11+ ft island, perfect for gathering with loved ones. It features large windows and 6-foot French glass doors, allowing for seamless indoor-outdoor living. Off the kitchen, there’s a family room, and utility/laundry room with a full-size sink and cabinet, and access to the two-car garage with an oversized 8ft tall garage door with MyQ wireless touchpad opener. The home offers two bedrooms that share a bathroom and a guest suite that has a walk-in closet and full bathroom. The master suite is truly impressive, with ample space, a walk-in closet, a linen closet, and a luxurious ensuite bathroom. The master bath offers comfort and privacy. Enjoy ultimate privacy on this back country road. The home features insulated block and metal roof to maximize the efficiency of this new construction home PLUS 8ft exterior doors with PVC jambs (won't rot like traditional wood). Orange City offers the convenience of being close to highly rated restaurants, just 10 minutes from I-4, 30-minutes to world famous beaches and a short 60-minute drive to Disney theme parks. This home is the perfect blend of comfort, convenience, and style, making it a must-see!
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Our Executive Mortgage Banker:
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$499,900
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 | $399,920 | $399,920 | $399,920 |
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 | $88 | $88 | $88 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,728 | $2,658 | $3,373 |
Total Monthly Payment | $2,891 | $2,821 | $3,536 |
* 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.