Welcome to this unique property offering two separate parcels located at 106 and 108 Lake Ln, totaling . 40 acres of potential! 106 Lake Ln features a well-maintained double wide mobile home, offering 3 bedrooms and 2 full baths within 1, 120 square feet of comfortable living space. The home is also situated on top of a solid concrete slab foundation! Inside, you'll appreciate the recent updates, including new LVP flooring, a new septic tank and pump, and a new well water pump. For added convenience, the property includes a detached garage/warehouse offering over 560 square feet, complete with power and water. This versatile space can be used for storage, a workshop, or any number of possibilities to suit your needs. 108 Lake Ln is a separate, buildable lot featuring a spacious +/- 910 square foot 2-car garage/workshop. This fully equipped space has power, water, and even a shower, making it ideal for hobbyists, contractors, or anyone in need of extra room. With additional storage available in the attic, you’ll never run out of space to store your tools, equipment, or belongings. Whether you’re looking for extra storage, a workshop, or a separate lot for future development, this property has it all. Take advantage of the opportunity to own two parcels of land with great potential for your next home or project! This home is located in the golf cart friendly neighborhood of Lake Crescent Estates. There's no HOA and you can also join the Lake Crescent Estates Civic Club for $50/year giving access to the club house, boat ramp and docks!
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,900
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 | $127,920 | $127,920 | $127,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $97 | $97 | $97 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $851 | $873 | $1,106 |
Total Monthly Payment | $1,023 | $1,045 | $1,278 |
* 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.