A Unique Lake Home and View you must see to Believe. This 3 Bedroom, 2 Bath Home sits on a Point Lot with a Gorgeous 180 Degree View, Deep Water, and Much More. Detached single car garage for storage, watercraft or vehicles measures 26X14. A Perfect Weekend Getaway, this home was designed and built to be Energy Efficient, Maximize the Floorplan so every inch is used, Every Room with a Lake View and Low Maintenance allowing time at the Lake to be for Relaxation and Fun, Not Work. The 2 Slip Dock is Custom Made Upgrades. It is wired for Boat Lifts and Approved for Jet Ski Lifts (the Current Lifts are not included with the Purchase of the Property) and a Paved Cart Path for easy access to the Dock. The Best Part is the Dock Never has to be Moved. This is a Deep Water regardless of Lake Fluctuation or Drought. The Large Garage/Workshop could be easily converted into a Bunk House or Storage for Lake Toys. A Portion of the Yard is Fenced and Spacious enough to allow for Children’s Play Equipment, Pet Area or Expansion of the Back Porch. Come see for yourself, Sit and Take in the Fantastic Views. The Best Part, This Home is a Perfect VRBO investment. Minutes off I-85, Minutes to Harbor Light Marina for access to Boat Rentals, Gas, and a Restaurant, Potential to Sleep 10-12 People, Plenty of Parking, Pet Friendly, No HOA, and No VRBO Restrictions. Let Your Investment Be your Escape! Come see this Home Today.
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$719,500
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 | $575,600 | $575,600 | $575,600 |
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 | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $259 | $259 | $259 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,927 | $3,826 | $4,896 |
Total Monthly Payment | $4,278 | $4,177 | $5,247 |
* 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.