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Nestled on a scenic 0. 79-acre lot, this unique Lake Kanasatka access home features a picturesque year-round stream running the full length of the property. With 1, 800 sq. ft. of living space currently finished, a 4 bedroom septic, and an additional 3, 200 sq. ft. available for future expansion, the possibilities are endless. The lot allows enough space to construct a detached 2-car garage while meeting all setback requirements. Spread across three floors—including a walk-out basement with 1 car garage—the home is designed with flexibility and quality in mind, featuring dual staircases, fire-resistant metal doors, and open-concept living on the central floor. Two private bedroom areas, each with a full bath, are complemented by a sunroom, deck, and covered porch. Interior highlights include 38 Andersen windows, 18 recessed lights, continuous maple hardwood flooring, and 9 closets. KraftMaid maple cabinetry, soft-close drawers, a Bosch cooktop, and a commercial-grade Vent-A-Hood complete the well-equipped kitchen. Heating is zoned electric, supported by a high-capacity Napoleon wood stove. Located in the thoughtfully managed Kilnwood Association, a condominium community of 29 single-family homes, residents enjoy shared ownership of roads, beach, dock, boat slips, and the regularly tested water system—all maintained through affordable assessments. This home is located close to Red Hill and walking distance to the shared beach, bath house, boat slips and tennis court.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $241 | $241 | $241 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,040 | $4,199 | $5,351 |
Total Monthly Payment | $4,373 | $4,532 | $5,684 |
* 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.