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Welcome to this charming 1 bedroom, 1. 5 bath home, offering a fantastic opportunity in the desirable Riverwoods community. This cozy home features a spacious living area, perfect for relaxation and entertaining, creating a welcoming atmosphere.
Step outside to enjoy the nice paver patio, providing an ideal space for outdoor gatherings, morning coffee, or simply soaking up the sun in your own private retreat. The home also includes a convenient laundry room, adding to the functionality of the layout.
Positioned as one of the lowest-priced homes in Riverwoods, this property presents an excellent opportunity for first-time buyers, seasonal residents, or those seeking a low-maintenance lifestyle without compromising on comfort. Don't miss your chance to own this delightful home in a vibrant community.
Riverwoods Activity Director keeps the residents very busy from dances to bingo to craft shows and guest speakers. Activities incuding pickleball, volleyball (sand and water), bocce, shuffleboard, tennis, line dancing are just a few of the activities happening at Riverwoods.
Bring all water toys because residents have boat ramp and boat storage for their residents. This home is not pet friendly and the community is a 55+.
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Our Executive Mortgage Banker:
Our Insurance Division:
$98,000
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 | $78,400 | $78,400 | $78,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $32 | $32 | $32 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $483 | $515 | $651 |
Total Monthly Payment | $590 | $622 | $758 |
* 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.