BRING YOUR BUILDER! LAST 5 ACRE LAKEFRONT BUILDABLE LOT IN MARKHAM/HEATHROW AREA. This Beautiful One Of A Kind 5 Acre Lakefront Property Overlooks Lake Marietta And Heathrow, There Is Approx. 749 Feet Of Waterfront Shoreline With Close To 20 Acres Of Preserved Property Surrounding This Lovely Location. Hanover Woods Is A Tranquil Community Right Off Of Markham Woods Road Featuring Luxury Custom Homes On Large Acreage Parcels. This Is Your Chance To Build An Impressive Lakefront Estate Home In A Highly Desirable Area, With Views Of The Lake On Almost Every Angle. Orlando’s Heathrow - Lake Mary Area Is One Of The Location For Home Buyers Seeking Privacy And Luxury. This Neighborhood Is Surrounded By Natural Beauty And Has Convenient Access To Top-Ranked Seminole County Schools, Lake Mary Shops And Services. Enjoy Hiking, Cycling And Jogging The Seminole Wekiva Nature Trail, A 14-Mile Recreation Trail, That Is Part Of The Florida National Scenic Route And Wekiva Preserve, With 45, 000 Acres Of Natural Preserve And An Abundance Of Wildlife. All This, Plus An Easy Commute To Downtown Orlando And To The Local Attractions Like Disney And Universal Studios. Local Beaches Are Just A 45 Minute Drive From This Location. Because The Demand For New Homes In Lake Mary Is High, You Can Now Own, Create And Build Your Perfect Lakefront Home. This Property Does Not Have A Timeline To Build. Land Survey And Soil Sample Information Is Availble. Check Out The Video Tour And See What You Are Missing, This Could Be Yours.
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Our Executive Mortgage Banker:
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$2,000,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,245 | $10,245 | $14,048 |
Total Monthly Payment | $10,370 | $10,370 | $14,173 |
* 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.