There is a lot to like about this property. It has a nice view of a lake. The property has some elevation. You look down on a crooked lake. Because of the dog leg shape of the lake and the elevation you get really nice views. The neighbors on the lake have boats, it is a decent size body of water. You don't own the lake front, however, this property runs right to the edge of the lake on the NW corner. There is a well on the property. That saves the new buyer lots of money. There is power at the front edge of the property. That saves money. I got 5 bars on my cell phone – the benefit of good cell service!!!! You are on a paved road, no dusty dirty vehicles. The property is high and dry. You pay for 5 acres you get to use all 5 acres – no paying for marsh. There are a few scattered trees, mostly open pasture. You will NOT be out the cost of clearing land. Load up the family and start your new life with fresh air and room to roam. Build a new home, get a horse, raise some chickens, grow a garden, get the kids outdoors and live the good life. Need a Land Lender, we can fix you up. Need a construction loan, we can fix you up. What are you waiting for? Let's get you living the Country Life.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$345,000
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 | $276,000 | $276,000 | $276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,859 | $1,883 | $2,385 |
Total Monthly Payment | $1,934 | $1,958 | $2,460 |
* 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.