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Under Construction. Welcome to Royal Trails! Nestled on a quiet street in the heart of Eustis the Royal model offered by Eastern Homes has 4-bedrooms and 2-full baths, is FULLY UPGRADED and perfectly situated on a desirable 1 ACRE LOT! This lovely equestrian community allows for TWO HORSES PER ACRE and delivers DEEDED ACCESS TO LAKE NORRIS for the boating enthusiast. Scheduled to be completed May 2025, this BRAND NEW CONSTRUCTION HOME offers an ideal SPLIT BEDROOM layout with an OPEN CONCEPT great room at the heart of it all. TRIPLE SLIDING GLASS doors open up to a large COVERED LANAI making indoor/outdoor living a breeze. The light and bright kitchen has been designed with the home chef in mind and features a breakfast bar on the oversized ISLAND for casual dining or entertaining, timeless 42” cabinetry topped with crown molding, GRANITE COUNTERS and pantry storage. A generous PRIMARY SUITE is tucked away at the back of the home creating a tranquil retreat for the homeowner under a decorative tray ceiling and on the way to the well appointed en-suite bath you will find DUAL/WALK-IN CLOSETS. The remaining bedrooms are on the opposite side of the home along with a full guest bath. In addition to the open living room and kitchen you will also be pleased to find a flexible formal dining space in front of three large windows that let the NATURAL LIGHT pour in. Being a part of this beautiful community gives you not only the ability to bring your horses and your boat, but there is also a playground and community center for residents to enjoy. The nearby horse trails provide endless opportunities for exploring the natural beauty of the area and the proximity to Downtown Eustis, shops, dining and more make Apricot Ave an easy yes! 1 ACRE and a BRAND NEW/UPGRADED HOME - what more could you ask for? Call today to schedule a tour! **Photos/Renderings are of a model home & some features, appliances, etc. . . may vary**
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $52 | $52 | $52 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,463 | $2,628 | $3,322 |
Total Monthly Payment | $2,607 | $2,772 | $3,466 |
* 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.