This new residential lot is located in the Hog Valley area of Ocala National Forest Campsite. It is approximately 40 minutes away from Ocala. This location offers a rural setting that is ideal for outdoor enthusiasts.
While the site has electricity nearby, the installation of a well and septic system would be necessary for water supply and waste disposal. Wells provide access to water for residential use, and a septic system manages the proper disposal of wastewater.
Living in the Ocala National Forest Campsite area provides ample opportunities for outdoor activities. The forest is known for its natural beauty and offers a range of activities such as four-wheeling, canoeing, and hunting during available seasons. Outdoor enthusiasts can enjoy exploring the forest, observing wildlife, and engaging in various recreational pursuits.
It's important to note that living in a national forest area may come with specific regulations and restrictions, particularly when it comes to hunting and other activities. It is advisable to familiarize yourself with the rules and guidelines set by the relevant authorities to ensure compliance and responsible use of the forest.
Overall, this residential lot offers a unique opportunity for individuals seeking a rural lifestyle in close proximity to the Ocala National Forest. The abundance of outdoor activities and the serene natural surroundings make it an appealing choice for those who enjoy the outdoors and appreciate the tranquility of a rural setting.
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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 | $8,000 | $8,000 | $8,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $53 | $53 | $69 |
Total Monthly Payment | $128 | $128 | $144 |
* 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.