Although this property is for mobile homes, buyer can construct a tiny home or stick built home as long as it meets stick built criteria (minimum 600 square feet). As you descend Brandywine Dr. , you will come upon lot 82 on the corner giving you ample road frontage. Lot has been professionally graded, leveled, and landscaped and is ready for your home to be situated on the property. The current owner has already had electrical box placed. Buyer must run electrical from the pole to the homesite. Sewer connect is at the road. POA dues do not exceed $650 annually and the current owner is current until March 31, 2025. 2023 property taxes are paid. Foxwood Hills offers amenities such as an Olympic size salt water pool, 24/7 security, pickleball courts, basketball courts, pickle ball courts, tennis courts, playground, restaurant, clubhouse, dining area, exercise course, walking paths, and two boat landings within 5 minutes. POA dues paid for 2024. No fees due until March 2025.
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William Raveis Real Estate
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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 | $28,000 | $28,000 | $28,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $170 | $170 | $221 |
Total Monthly Payment | $245 | $245 | $296 |
* 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.