5850 Cypress Estates Drive, Elkton, FL, 32033 | $639,900

This awesome home situated on a full 1 Acre of land in the Estates section of Cypress Lakes offers everything that you could need in your next home! From the moment you walk into the spacious Foyer looking into the Formal seating room/Flex space and the Formal Dining room you are enveloped with the warmth of this inviting home. The large Living/Gathering room opens to the oversized Kitchen and Breakfast area with a view of the glass enclosed climatized porch overlooking the beautiful back yard space. With the bedrooms split on either side of the Gathering room privacy abounds in this lovely home. The 2 main guest rooms are sharing a Jack and Jill bathroom with tub/shower combo, while the 3 guest room has access to a full bath that would double as a pool bath if you choose to add a pool. The Primary suite offers all the luxuries you would expect, His and her closets, spacious room size, split vanities with makeup station, oversized corner soaking tub and walk-in glassed shower. Inside laundry room with extra storage leads out the large garage. Enjoy the luxury of instant hot water with electric tankless hot water system, well with sprinkler system and full acre lot as you relax in the enclosed Florida room with split ac unit. The sunrises from this room are spectacular! Call for more info or your private viewing!

Features

  • Amenities: Golf,Community Pool Unheated
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 43560
  • Style: Contemporary,Single Family Home
  • Year Built: 2008
  • Heating: Central,Electric,Heat Pump
  • Cooling: Central,Electric
  • Approx Sq. Feet: 3,327
  • Acreage: 1
  • Lot Size: 43560
  • Est. Taxes: $2,917
  • HOA Fee: $414
  • Lot Desc: Suburban, Conservation Backyard,Wooded
  • Elem. School: Otis A. Mason Elementary
  • Middle School: Gamble Rogers Middle
  • High School: Pedro Menendez High School
  • MLS#: 244509
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/244509/5850cypressestatesdrive_elkton_fl?source=qrflyer
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Listing courtesy of RE/MAX 100 REALTY

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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5850 Cypress Estates Drive, Elkton, FL, 32033

$639,900

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 $511,920 $511,920 $511,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $243 $243 $243
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,110 $3,110 $4,046
Total Monthly Payment $3,445 $3,445 $4,381

* 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.