Under Construction. The Coconut is an inviting floorplan. Step into a long foyer that offers easy access to a well-appointed bedroom, a full bathroom, and a versatile den, perfect for a home office or cozy retreat. The foyer gracefully leads to the kitchen and open-concept living and dining area. The kitchen features a generous pantry, ensuring ample storage, while the living and dining areas seamlessly extend to a covered lanai, blending indoor and outdoor living. The owner's suite is a private sanctuary, complete with a walk-in closet, offering both comfort and convenience. The well-placed laundry room is easily accessible from the kitchen and leads directly to the two-car garage, enhancing the home's functionality and flow.
Experience the charm of country living with all the conveniences of the city at Cherrywood Preserve, a 55+ gated community. This golf cart friendly community in Ocala, FL offers boldly unboring new homes right next to the Market at Cherrywood: a short ride from groceries, restaurants, shopping, and Interstate 75. Homeowners have access to a variety of amenities including a lap and lounge pool, jacuzzi, fitness center, billiards room, horseshoes, shuffleboard, bocce, basketball and pickleball courts. Stay connected with neighbors through a lively social calendar and enjoy year-round gatherings in beautiful indoor and outdoor spaces.
Images shown are for illustrative purposes only and may differ from actual home.
Completion date subject to change.
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,990
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 | $279,992 | $279,992 | $279,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $43 | $43 | $43 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,934 | $1,886 | $2,382 |
Total Monthly Payment | $2,052 | $2,004 | $2,500 |
* 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.