Outstanding opportunity to own spectacular water front lot on Broadway Lake in Anderson, South Carolina. At one time, this lot was part of 1903 Broadway Lake Road and the tennis court used to be situated on this portion of the property. Remnants of the court are still there today and with some tree clearing and grading adjustments, this lot would have an absolutely stunning 280 degree view of the water. Life changes and my clients dream of building their forever home did as well. Take advantage of this opportunity to make family memories and watch stunning sunsets from this "golden precipice" overlooking Broadway Lake. There are No restrictions, NO HOA fees & the lot IS "dock-able. " Your 1907 Broadway Lake Road neighbors have cleared their lot. Take a first hand look at the potential scenic masterpiece that your lot can create for you too!
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Our Executive Mortgage Banker:
Our Insurance Division:
$120,000
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 | $96,000 | $96,000 | $96,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $655 | $638 | $817 |
Total Monthly Payment | $730 | $713 | $892 |
* 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.