Find your ideal sanctuary in Waters Edge Subdivision along the shores of LAKE GREENWOOD. This exquisite WATERFRONT lot includes a lovely dock and a private boat ramp/launch, providing immediate access to the calm waters for all your nautical and angling pursuits. Situated in a tranquil cove, the lot provides STUNNING, unobstructed views of the lake and spectacular sunsets, setting the stage for your dream HOME. The flat terrain is construction-ready, simplifying the process of designing your perfect dwelling. Blueprints for an elegant 3 Bedroom 2 Bath home are already available from the current owner, along with a pre-installed septic tank and well with pump, giving you a head start on your construction endeavors. Seize the chance to create your lakeside OASIS in this idyllic setting, ideal for unwinding and hosting family events. Also included is Lot 123A, a . 23-acre parcel located just up the road from the waterfront lot. Fall in love with this unique opportunity and seize the chance to enjoy Lake Life by next Summer!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$284,900
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 | $227,920 | $227,920 | $227,920 |
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 | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,555 | $1,515 | $1,939 |
Total Monthly Payment | $1,630 | $1,590 | $2,014 |
* 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.