If you are looking for a building lot in the heart of the recreational zone of the NEK, you may have found it. This lot directly adjoins the Willoughby State Forest which is comprised of 7682 Acres open to hiking, snowshoeing, back country skiing, rock climbing and more. The State Forest also controls about 3 miles of shoreline on the south western side of the lake so this also affords you lake access without waterfront taxes! The building site has been cleared and a driveway installed to the building site. The sale includes the state approved 3 bedroom septic installed, power run to the lot and a private drilled well. This lot is the last private lot before the state forest so the only homes you should have beyond you will be for your furry wildlife friends! Enjoy seasonal lake views from the site and great views of Bald and Goodwin Mountain. Willoughby Lake is over 1700 acres and over 330' deep. While photos might be stunning, there is nothing like seeing it in person from the North or South Beach. If you like an adventure you can get a top down view from hiking Pisgah, Hor, Wheeler or Bald Mountain! Bring your building plans and make your dream come true on this one of a kind lot!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $279,920 | $279,920 | $279,920 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,862 | $1,860 | $2,361 |
Total Monthly Payment | $1,937 | $1,935 | $2,436 |
* 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.