An exquisite and one of the kind lake front luxurious property, that was built on triple size lot. This fabulous single story and open floor plan home offers 3 bedrooms + den/office (that could be converted into 4th bedroom if needed, since it has a window and a closet), plus 3 bathrooms, a very spacious and fully enclosed / screened in outdoor lanai area, that has a salt water heated pool and jacuzzi, as well as, plenty room outside for dinning and entertaining. With a western exposure in the back of the house, property offers priceless sunsets and stunning lake views. Fantastic home for recreational boat lovers, kayak enthusiasts, fishermen and other outdoors activities that are offered by this beautiful lake in the back of the house. Custom built home has 3 car garages with high ceilings. Property is located in NO FLOOD zone, therefore flood insurance is not required !!! No rental restrictions and No HOA fees. This is a paradise gem for someone who is looking to make this property their vacation or secondary home, rental income opportunity property or even a primary residency.
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Our Executive Mortgage Banker:
Our Insurance Division:
$865,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $692,000 | $692,000 | $692,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $621 | $621 | $621 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,604 | $4,431 | $6,076 |
Total Monthly Payment | $5,317 | $5,144 | $6,789 |
* 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.