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Under contract-accepting backup offers. Build your new home in this gated beach front community of Ocean Hammock. With 70 feet of lakefront in the backyard this 171 foot deep lot offers rare views. One of the larger lots with a quiet-cul-de-sac location. Walk to the beach and enjoy so much of what this community offers. You can join the Hammock Dunes Club offering Restaurants, Golf and spectacular pools, imagine full time vacationing. The lot right across the street is preserve space enhancing the quiet location. If you're looking for more square footage build a multi floor residences. Imagine building the owners suite with balcony overlooking your pool and lake area, or a relaxing front porch facing reserve area across the private road out front Privacy, quiet, controlled entrance, underground utilities, and over 10, 500 square foot of land make this a desirable investment. Being close to the ocean and having serene lake views in your backyard all enhance the value and reasons to start your new home investment on this lot in this community. Hammock Dunes offers true quality living make your appointment for a private showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$254,900
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 | $203,920 | $203,920 | $203,920 |
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 | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,272 | $1,340 | $1,707 |
Total Monthly Payment | $1,347 | $1,415 | $1,782 |
* 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.