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Stunning Waterfront Lot in Woodmont - voted best coastal area the US - A Rare Opportunity! Nestled in the serene community of Woodmont, this exceptional lot offers breathtaking water views and the perfect setting for your dream home. Whether you're envisioning a peaceful retreat or a luxurious waterside estate, this prime piece of real estate provides endless possibilities and is an approved building lot. With direct access to the water and stunning views, you can enjoy tranquil mornings and picturesque sunsets right from your doorstep. The lot is spacious and well-positioned, making it an ideal site for building with ample room for outdoor living spaces, decks and entertaining. Conveniently located near local amenities, this property combines accessibility to sandy beach, a sidewalk along the coastline where you will love strolls taking in the amazing views. Don't miss the opportunity to own a piece of paradise in Woodmont-this is the perfect spot to build your dream home and enjoy the beauty of waterfront living.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
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% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,033 | $3,153 | $4,018 |
Total Monthly Payment | $3,125 | $3,245 | $4,110 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.