Welcome to LAKEFRONT living at an affordable price in the beloved CONWAY AREA. This townhome is located on the shores of Lake Tennessee. . . just off of Conway Rd on a dead-end street. You will discover a private backyard oasis with gardens and tropical plants integrated into a lifestyle of outside living. Whether you are cooking out on the Lanai. . . utilizing your garden Shed, Tinkering in your Workshop. . . Or having a refreshing drink on your dock . . . you will find that Lakefront living holds many lifestyle benefits. Apart from the seating area on your dock, the dock also has power/electric running to it and a fishing boat ramp with wench beside the dock area. {Fishing boat available for purchase}. This well-maintained home features a Newer Roof approx 5 years old and owner even added rain gutters. You will find irrigation in front and back yard AND even room behind your privacy fence for BOAT OR RV PARKING. NO HOA - So easy to store your toys. Located in the desirable Conway area, you'll also have access to top-rated Conway schools~~ With 2 Nice Sized Bedrooms / 2. 5 baths at a price of just $385, 000 - this is affordable lakefront living at its finest! Don't miss your chance to experience the tranquility and charm of this unique property—schedule your visit today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$365,000
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 | $292,000 | $292,000 | $292,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $121 | $121 | $121 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,943 | $1,941 | $2,462 |
Total Monthly Payment | $2,139 | $2,137 | $2,658 |
* 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.