. 25 Acre Building Lot in the Fast growing community of Rainbow Lakes Estates just 20 miles west of I-75 in Dunnellon! The lot adjacent is also a . 25 and for sale, these can be combined for a . 50 acre lot. Great Investment or Build your Dream Home! Close to the Beautiful Rainbow River and Rainbow Springs. Williston, FL is only 18 miles to the north and the Gulf of Mexico at Crystal River is only 20 miles to the West. The World Famous World Equestrian Center is 15 miles to the east on the way to Ocala, FL. Rainbow Lakes Estates is Zoned R-1, so only site built homes are permitted. Rainbow Lakes Estates has 3 lakes for recreation with a community boat ramp on Tiger Lake, Community Center with Fitness Center and Youth Center and Playground. SeaCliff Park is also located within Rainbow Lakes Estates and has a baseball field, Tennis Courts, playground, walking path, Racquetball courts and Pavillions that can be reserved for private family functions. Come out and see why Rainbow Lakes Estates is such a desirable place to live!
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Our Executive Mortgage Banker:
Our Insurance Division:
$15,000
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 | $12,000 | $12,000 | $12,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $81 | $80 | $101 |
Total Monthly Payment | $156 | $155 | $176 |
* 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.