Breezy waterfront living never provided so much potential! Breezy waterfront living never looked so inviting! Overlooking the sparkling spring-fed Miles Kale Lake in the quiet area of Fort McCoy, this property offers lovely shoreline views and just over 3/4ths of an acre of space. Named ‘The Big Green House, ’ the home has been lovingly maintained and is move-in ready with full furnishing. Offering a total of 2-bedrooms and 2-baths, the home has been meticulously rebuilt and expanded with all new plumbing, electrical wiring, trusses, a standing seam metal roof, and is highly energy efficient. Used currently as VRBO, there is ample potential to continue this usage without much fuss or to instead use this as a personal vacation home or as year-round residence. The interiors feature ample natural light, tall vaulted ceilings, beautiful tongue-and-groove wood work throughout, and lots of space to enjoy. The home features a large great room, as well as a large open kitchen that includes stainless steel appliances, abundant counter and cabinet space, center island with breakfast bar, and adjacent dining nook. Both bathrooms are immaculate, with recent updates and a clean aesthetic. A large screen-enclosed porch rests to the lakeside of the home, providing a wonderful space to enjoy stunning views of the lake and a cozy area to catch some shade. Miles Kale Lake is a wonderful, natural Florida lake with a nice sand bottom and a few unique features that make it extra exciting– the lake has a gradual slope and is deeper than many other lakes in the area. The lake is great for boating on canoes, kayaks, jet skis, as well as power/ski boats with other boats rarely being seen on the lake to provide little to no disruption on most days. Many other lakes are also in the area, making this an ideal property for those looking to discover the many options Central Florida has to offer! If you’re ready to take in pristine water-front views or are looking for an income producing opportunity, this property is a wonderful option to consider!
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William Raveis Mortgage, LLC
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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 | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $187 | $187 | $187 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,591 | $2,528 | $3,192 |
Total Monthly Payment | $2,853 | $2,790 | $3,454 |
* 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.