*** PRICE REDUCED!!! *** This generously sized lot is situated in a thriving community, just a stone's throw away from the Centennial Park (aquatic center, sports fields, walking trails), multiple golf courses, waterways to Charlotte Harbor and Gulf of Mexico with World-class fishing; 4 miles to El Jobean Boat Ramp and Recreation Center for the avid outdoorsman or nature lovers alike! Boasting recently paved roads, this lot is conveniently located near pristine beaches, boat ramps, shopping centers, and numerous other amenities. As part of a world-class fishing community, getting here is effortless, whether you're taking the Hwy 41 or the 776.
This lot benefits from CITY WATER supply and is situated in a non-flooding zone X. Furthermore, the lot is outside the Scrub Jay permit boundary according to the latest Charlotte GIS map. Not ready to build yet? Perhaps adding this lot to your retirement portfolio is the way to go. Make this lot yours today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$16,000
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 | $12,800 | $12,800 | $12,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $80 | $78 | $101 |
Total Monthly Payment | $155 | $153 | $176 |
* 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.