LOCATION, LOCATION, LOCATION!!!! The ONLY Mt Dora vacant lot available that is truly walking distance to downtown on the corner of E. Oak and S Clayton. Enjoy an easy stroll to all your favorite places from shopping, restaurants, art shows and more in less than ten minutes. Lot is zoned for one SINGLE FAMILY home or DUPLEX with a possibility to build a small home plus a guest cottage. If you like privacy and nature you will love this lot tucked in off a paved road and only one block to lighthouse, Gilbert Park and Mount Dora Marina and of course Lake Dora!!!! Very private lot with gorgeous oak trees, greenery and nature surrounding this wonderful lot and NO HOA!!! There is an old dilapidated garage on property that is of no value. Make your dream of living downtown a reality with this one of a kind lot and start planning your future in the town that was voted by Southern Living Magazine as one of the South's Best Small Towns in America and it really is. Call me today for more information.
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Our Executive Mortgage Banker:
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$159,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $127,200 | $127,200 | $127,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $846 | $845 | $1,073 |
Total Monthly Payment | $921 | $920 | $1,148 |
* 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.