NEXT GEN HOME- In-laws need a place to live? Addtional income while you rent out one side? Someone needs their own space? Welcome to this exquisite Next Gen home in Waterside Estates at Cherry Lake in Groveland. Built in 2020, this spacious residence offers over 2, 000 sq ft of living space, tailored for multigenerational living needs. As you pull into the driveway it will be love at first sight as you are greeted with curb appeal and brick pavers. Designed with separate living quarters, this home accommodates in-laws, teenagers, or anyone needing their own space within the comfort of a shared residence. Smart Home Features: Enjoy modern conveniences like keyless entry and a video doorbell system, ensuring security and ease of access for both the main home and the in-law quarters. Upon entering into the main home you will be welcomed with a foyer leading to an open living space adorned with ceramic tile flooring. The well-appointed kitchen overlooks the family room and features quartz countertops, 42-inch cabinets, and stainless steel appliances, kitchen nook area and is perfect for entertaining. Just off the family room you will find a bonus room that is perfect for a formal dining area or an office if you are working from home. The main home features 3 bedrooms, 2 baths and a split floor plan. Retreat to the primary bedroom where you will find plush carpeting, 2 walk in closets and primary bath features walk in shower, quartz countertops, and dual vanity sinks. The other side of the home features bedroom 2 & 3 with a guest bath inbetween featuring tub/shower combo. Love the outdoors? Relax in the outdoor oasis. Enjoy the newly added screened lanai overlooking the fenced backyard, providing a serene retreat for outdoor relaxation and privacy. Inlaw quaters not only has a separate exterior entry but also an interior entry into the main home and features it's own living room featuring ceramic tile, kitchenette with cabinets, sink, microwave, dishwasher, and stackable washer/dryer and a bedroom with it's own private bathroom featuring a walk in shower. Convenient Location: Just minutes away from Cherry Lake Park, residents have access to walking/biking trails, playgrounds, and picnic areas. Plus, close proximity to downtown Clermont and easy access to the Turnpike for commuters and minutes away from the Lakeridge Winery. Experience the epitome of comfortable multigenerational living in this stunning and unique Next Gen home.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$420,000
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 | $336,000 | $336,000 | $336,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $409 | $409 | $409 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,292 | $2,264 | $2,881 |
Total Monthly Payment | $2,776 | $2,748 | $3,365 |
* 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.