Located in Lake County, Fl. this Beautiful 1/4 acre wooded lot waiting to be developed. It is the Perfect location for an investor to buy and let his portfolio grow 0r for the right person to Clear the land then place a single family residence on it. It can be a great place for a rental or your own families home in the countryside.
It is located off one of the few paved side roads in the area and near public hunting lands and many lake are near by as well. The Famous St. Johns River is 10 min away known for its world class Bass and Speck fishing, Manatees' and rope swings for swimming. It is perfect for the avid boater
You are located between the small community of Paisley just 5 min north down the road and to the south 20 min from the Historic downtown Deland Fl. which is Volusia counties government Seat with its historic downtown area and the many restaurants and bars. The famous and historic beaches of Daytona and New Symrna are still with in a hours driving time as well.
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Our Executive Mortgage Banker:
Our Insurance Division:
$35,000
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 | $28,000 | $28,000 | $28,000 |
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 | $186 | $186 | $240 |
Total Monthly Payment | $261 | $261 | $315 |
* 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.