Are you looking for a fantastic property offering privacy, out in the country, no HOA and with plenty of room for all your pets, toys, garden, and more? Welcome to this wooded 2. 77 acre parcel in the Melrose Landing community, which happens to also have a small private airstrip. This is a great area with paved roads located just out of town, yet with easy access to FL-26 and FL-20. The property has a driveway/culvert for access to the property, a water pipe (no pump), septic tank and power pole in place. A unique feature of the Melrose Landing community is that is has a small private fly-in airstrip. You will find all types of dwellings in this neighborhood - single family homes, mobile homes and manufactured homes. Decide which type is best for you and create your private oasis. There are several lakes nearby for your recreational enjoyment. Use the following address in Google Maps to get to the property: 216 Melrose Landing Blvd, Hawthorne, FL 32640
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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 | $60,000 | $60,000 | $60,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $404 | $399 | $506 |
Total Monthly Payment | $479 | $474 | $581 |
* 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.