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Come Build your dream home on Beautiful Flounder Lake! With a spacious 2. 08 acre lot & apx. 150 feet of Lakefront views, you can enjoy your morning taking in your beautiful natural surroundings, and spend your afternoons fishing from your backyard. Egrets, Herons, Ospreys, Indigo Buntings, and Painted Buntings have all been observed at this property. Flounder Lake is a unique, partially tidal, private saltwater lake. It boasts a healthy population of flounder, red drum, crab, shrimp and more. Enjoy other activities such as canoeing, kayaking, paddle boarding, and riding in your boat (electric only & 15 foot maximum length). Property is eligible for Flounder Lake Dock permit application. No HOA. City Water and City Sewer available. Schedule your showing today!
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Our Insurance Division:
$279,996
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $223,997 | $223,997 | $223,997 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,416 | $1,472 | $1,875 |
Total Monthly Payment | $1,491 | $1,547 | $1,950 |
* 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.