One or more photo(s) has been virtually staged. Under Construction. Discover the perfect home at Groves at Grand Island, where you'll experience the convenience of a spacious three-car garage, spacious grounds, and accessibility with its incredible location. Located between Lake Yale and Lake Eustis, and just off Routes 44 and 452, you'll enjoy convenient access to downtown Eustis, Mount Dora, and Orlando. Running errands or stocking up on groceries is a breeze with Publix Super Market just 7 minutes away. You'll also have access to local restaurants and shops in downtown Eustis and Mount Dora, just minutes away. If you are a fan of an active lifestyle and love the outdoors, you will love finding numerous parks, lakes, golf courses, and nature preserves nearby. Experience a world of convenience and adventure while living in a quiet rural setting close to all the beautiful orange groves.
The Linden offers the perfect amount of space, complete with smart storage perfect for all buyers alike. Two stand out features upon entering the home are the large under-stair storage area, as well as a guest suite. Past the stairs is the large open living area stretching for nearly 40 feet; including the great room, dining room, and kitchen. The kitchen is complete with a massive island and a walk-in pantry. Additionally, the kitchen is just around the corner to the oversized garage, making grocery unloading a no brainer. Completing the first floor is a large lanai extending much of the width of the home. Upstairs, a large loft provides endless opportunities for fun and storage! The walk-in laundry room provides convenience being located just down the hall from the bedrooms. Three large bedrooms share a bathroom, complete with a double vanity and a water closet. Much of the top floor is dedicated to the owner’s suite. The bedroom itself offers plenty of room, but the real attractions here are the massive walk-in closet and the bathroom with a huge shower and separate toilet. The Linden's impressive use of space makes this single-family home feel much larger, all while providing its owner with the benefits of a Stanley Martin home.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $327,712 | $327,712 | $327,712 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $482 | $482 | $482 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,180 | $2,178 | $2,764 |
Total Monthly Payment | $2,737 | $2,735 | $3,321 |
* 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.