If you are looking for a home on the water, you are sure to love this 2 bedroom 1 bath home sitting on 2. 26 acres with 151 feet of water frontage on Boyds Mill Pond. This adorable home is ready for full time living or a perfect Airbnb!! The home comes with kitchen appliances including a washer and dryer for your convenience. This double lot offers an abundance of privacy as you will see entering the private driveway. There is so much potential for expanding or adding additional homes. Lots of land behind the home and building to add additional homes or stay in the current home while you build your dream home. You will love the lake life atmosphere with a picnic shelter with power, a swing, pier, boat ramp and a huge seperate building with power that can be a great entertaining room or transformed into another living space. There is also a pontoon on the property that the owners were going to use to make a floating dock that will remain as well for you to tinker with if you wish. The concrete building has its own separate power and is billed separately. There is also a well on the property that is currently not in use as the owners recently tapped into public water. Boyds mill Pond is a 184 acre lake that is fed by the reedy river. Current residents enjoy fishing, boating, kayaking, swimming and more. This is such a great community and lots this big with this much water frontage do not come available often so don't miss your chance to own a piece of heaven and transform it into whatever you wish!!! The possibilities are endless and all it needs is your vision and creativity.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$258,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $206,400 | $206,400 | $206,400 |
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 | $30 | $30 | $30 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,426 | $1,391 | $1,756 |
Total Monthly Payment | $1,531 | $1,496 | $1,861 |
* 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.