4 Acres of vacant Agricultural Land located in SE Ocala and located on the Cross Florida Greenway. This property is one of the few remaining undeveloped properties not managed by a subdivision or HOA that touches the Cross Florida Greenway on the northside of Greenway between I-75 and US 441. This property is further unique in that The Santos Trailhead is adjacent to the west. The Santos trailhead includes over 80 miles of single track mountain biking trails, an extensive equine trail network with over 60 miles of horse trails, and part of the Florida National Scenic Trail also traverses through the Santos Trailhead. The property has direct access on its southern boundary and part of its western boundary to the Cross Florida Greenway. In addition to the mountain biking, hiking, and horseback trails there is also a 16 mile paved trail that begins at the Santos Trailhead for walking, road biking, and other activities. The property is also located near US 441 for quick travel to all of Ocala and Belleviews amenities.
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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 | $239,999 | $239,999 | $239,999 |
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 | $1,557 | $1,537 | $1,993 |
Total Monthly Payment | $1,632 | $1,612 | $2,068 |
* 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.