5878 Cypress Estates Dr, Elkton, FL, 32033 | $645,000

PRIVATE SANCTUARY at the end of a cul-de-sac with mature trees surrounding the property in the Cypress Lakes Estates section. This is a rare opportunity to own 1. 2 acres located in St. Johns County that is within a golf course community. You can build a dream pool oasis with still plenty of land to play on and there a new shed that matches the house. With 2909sf there is room for everyone with 4 bedrooms, 2. 5 baths and a 3 car garage which faces the wooded area, giving lots of privacy! The back of the home is entirely windows, giving beautiful nature views from the kitchen, great room-dining combo, formal living area and the master bedroom. The master bedroom is split from the other 3 bedrooms and has 2 walk in closets with a large master bathroom. There is a formal dining area as well as a large office with French doors for privacy. The great room has a wood-burning fireplace that is adjacent to the kitchen, so you can see the fireplace while cooking! Roof 2019, HVAC 2024 big items done! Cypress Lakes is conveniently located just off I95 & Fl 207, easy drive to the beach, Jacksonville or Daytona! No CDD and low HOA. This golf course community offers a beautiful pool with a covered area and playground. If you are looking for privacy, room to roam, like being close to nature, but yet are in a community, you will love this home!

Features

  • Amenities: Golf,Community Pool Unheated,Restaurant,Sidewalk,Street Lights
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Lot Size: 52272
  • Year Built: 2007
  • Heating: Central,Electric
  • Cooling: Central,Electric
  • Approx Sq. Feet: 2,909
  • Acreage: 1.2
  • Lot Size: 52272
  • Est. Taxes: $4,441
  • HOA Fee: $425
  • Lot Desc: Golf Course, Cul-de-Sac,Wooded
  • Elem. School: Otis A. Mason
  • Middle School: Gamble Rogers
  • High School: Pedro Menendez
  • MLS#: 263138
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/263138/5878cypressestatesdr_elkton_fl?source=qrflyer
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Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5878 Cypress Estates Dr, Elkton, FL, 32033

$645,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $516,000 $516,000 $516,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.952%
Monthly Tax Payment $370 $370 $370
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,090 $3,258 $4,285
Total Monthly Payment $3,552 $3,720 $4,747

* 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.