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Discover the perfect blend of luxury, charm, and opportunity with this exceptional property package at 261 and 269 Halladay Drive! Whether you're dreaming of a serene lakeside retreat or a high-return investment, this offering checks every box. Step into the iconic "Red Roof Inn" at 269 Halladay, where breathtaking water views, direct lake access, and over 100 feet of private shoreline set the stage for an unparalleled lifestyle. Inside, enjoy expansive living spaces bathed in natural light, hardwood floors, a stunning 3-floor spiral staircase, a private movie theater, and modern amenities that make every day feel like a getaway. Take in the serene vistas from the gorgeous balconies or unwind by the water's edge. Adding to the appeal is a detached, three-story garage, part of which is finished as a cozy apartment-perfect for guests or rental income. Together, these two properties, complete with separate deeds and a shared driveway, provide at least four potential income-generating opportunities, making this a rare and lucrative find. Don't miss your chance to own this one-of-a-kind lakeside compound-schedule your private tour today! Information entered in the listing reflects combined data from both parcels. Please reference the attached property cards for each parcel to further understand the breakdown of space and specifications. Pre-approval letters required for viewings. Audio/recording devices present but do not work per seller. 261 features two rental units which are currently occupied by tenants who recently renewed a 5-yr lease.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Lower |
Bedroom 4 | Lower |
Bedroom 5 | Main |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,680,000 | $1,680,000 | $1,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.750% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.865% | 6.309% |
Monthly Tax Payment | $1,580 | $1,580 | $1,580 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,671 | $10,896 | $14,291 |
Total Monthly Payment | $11,376 | $12,601 | $15,996 |
* 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.