Come build your dream home on this wooded . 70 acre lot located in Dolphin Point on beautiful Cat Island.
Minimal HOA fees of $125 a year. This area has a boat ramp just minutes from lot just for this area and their is boat storage on Cat Island.
The Golf Course and club house are being completely refurbished . Go to www. catisland. com for different possible membership.
The golf course will be a George Cobb design.
Minimal sq. ft. build for single floor is 1, 500 and double story is 1800 sq. ft with 1st floor being 1, 000 Sq. ft.
See Covenants and Restrictions in mls docs The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. . Any information of special interest should be obtained through independent verification. This offering is subject to errors, omissions, change of price, or withdrawal without notice.
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Our Executive Mortgage Banker:
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$155,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $124,000 | $124,000 | $124,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $825 | $824 | $1,046 |
Total Monthly Payment | $900 | $899 | $1,121 |
* 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.