Your ONE-OF-A-KIND opportunity to build a waterfront estate for your family is NOW offered for sale! A primary home or vacation home, this private 11. 04-acre estate is in a gated community, located on a cul-de-sac and ADORNED throughout with grand old oak trees. As the oaks are 'lifted' /trimmed their magnificent 'canopies' will then be revealed! (Many lots in this community have much fewer oaks, or only pine trees. ) At a full 11 acres, this is the 3rd largest, of 24 lots, in this community. As the new owner, you have the option to build 2 homes, a pole barn AND include your beloved farm animal pets on your new estate!! And if you are a 'water lover' THIS PROPERTY delivers 1, 600'+ of water frontage directly on Lake Bonnet, a small, secluded lake, only accessible to deeded owners of the community. Lake Bonnet provides a 'playground' for family/friends to create lasting memories in the hot Florida Summers on the water! (continued) The community gazebo also has a small beach access and a launching area for canoes, kayaks and pedal boats. The Lake Bonnet swim platform provides another quiet place to enjoy the water. Please come walk the most beautiful lot in Lake Bonnet Woods!! Make this your 'your' family estate for generations to come!
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Our Executive Mortgage Banker:
Our Insurance Division:
$219,000
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 | $175,200 | $175,200 | $175,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,166 | $1,164 | $1,477 |
Total Monthly Payment | $1,241 | $1,239 | $1,552 |
* 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.