![]() |
This is an unique opportunity to purchase a 1512 square foot home which was built in 2014. It is currently a 2 bed 2 bath home but ic can be turned into a 3 bed home if required. It requires freshening and renovation in parts but for minimum outlay you can have a home to your own specifications. The home windows are double glazed. To build from scratch would cost tens of thousands more for the land and building. It is important to stress that you own the lot. There is a ramp to the main door which is perfect for anyone who is confined to a wheelchair. If not required this can be removed and the carport which is screened in, can be turned into a large lanai. Beyond this there is parking for 3 vehicles. To add to the benefits there is a large shed to the rear of the home which is perfect for storage. There is no requirement for a lawn mower as the grass cutting is included in the home owners fee. The club house has a meeting room, kitchen, library with pool table and outside a heated swimming pool and spa. There is also a dock onto Lake Yale from which you can fish and if required a boat dock can be purchased. There are various activities organized within the community. It is a perfect location for retirement.
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:
$179,000
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 | $143,200 | $143,200 | $143,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.019% | 7.050% | 6.152% |
Monthly Tax Payment | $95 | $95 | $95 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $893 | $941 | $1,199 |
Total Monthly Payment | $1,063 | $1,111 | $1,369 |
* 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.