Seller financing available. This property is located in Flagler County. No HOA. Note at the present time Flagler County is not issuing building permits for this area and RVs and campers can not be put on the property either. Good investment now for any possible future development with this mapped out, plotted out, and streets named area to get in front of being close to I-95, beaches, Marine Land, excellent schools, high dry land. It's only a good investment until the development busts open! Be sure to check with building and planning department about restrictions that exist.
Hastings is an agricultural center in Flagler and St. Johns County, 18 miles SW of St. Augustine. Living in Hastings offers residents a suburban rural mix feel. Hastings is close to the beaches and Marine Land. Founded in 1890 when FL railroad and hotel king Henry Flagler sent a relative, Thomas Horace Hastings, inland to grow vegetables for Flagler's resorts. They incorporated as a town 19 years later.
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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 | $26,400 | $26,400 | $26,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $171 | $169 | $219 |
Total Monthly Payment | $246 | $244 | $294 |
* 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.