OPPORTUNITY AWAITS! Just a stone’s throw away from LAKE BOWEN, this well built one level ranch home is located in Lakewinds Subdivision. This is your OPPORTUNITY to live in sought after Lakewinds neighborhood very economically. While the home needs a few cosmetic updates to make it your own, it provides 3 bedrooms, 2 full bathrooms, a formal living or dining room, den with a cozy fireplace, spacious kitchen and sun porch to enjoy your morning coffee. The entire attic is ready to refinish, which provides the OPPORTUNITY for you to significantly increase your heated square footage. This precious home sits in a private cul-de-sac. For the lake enthusiast, you can be on the water in a matter of minutes. Just bring your boat, jet ski, paddle board or kayak. For the avid outdoors person, this home is nestled in the piedmont of the Blue Ridge mountains. You can be on a trail or quaint mountain town in less than 30 minutes. Do not miss the OPPORTUNITY to own this fabulous home.
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$312,000
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 | $249,600 | $249,600 | $249,600 |
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 | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $97 | $97 | $97 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,703 | $1,659 | $2,123 |
Total Monthly Payment | $1,875 | $1,831 | $2,295 |
* 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.