Tucked away in a residential neighborhood is a property that is ready for your home. Located in Hatteras II of Foxwood Hills, this property is restricted to a mobile home but per the Foxwood Hills CCRs, a stick built home may be built as long as guidelines for stick built homes are met (minimum 600 square feet and the mobile home must be 3 years old or newer). This property already has a water tap in place. The home must be situated on the property prior to having the power installed. Sewer is at the road and only needs to be ran to the homesite. There is a 2021 8 x 12 shed with a metal roof already on site. The homesite is already cleared and level and ready for your new home. There is a circular driveway in place. With the $450/year HOA you will enjoy all amenities Foxwood Hills offers- Olympic size salt water pool, clubhouse, dining, 24/7 security, basketball, tennis, playground, walking trails, and boat ramp access.
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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 | $23,200 | $23,200 | $23,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $154 | $154 | $199 |
Total Monthly Payment | $229 | $229 | $274 |
* 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.