BUILD YOUR DREAM HOME HERE! This . 75-acre property is primed for building the home of your dreams. Close to Lettuce Lake and the city of Arcadia, there is plenty to offer you in the way of entertainment, shopping, farmers markets, restaurants, and cafes! Located in an X-FLOOD ZONE, there is no better place to put down some roots. Sunny Oaks is a seamless blend of privacy whilst being close to modern amenities that are offered in downtown Arcadia or Punta Gorda! You are also just one street away from the Lettuce Lake Display of Lights which has become a holiday staple in the surrounding community. In addition, there is a fantastic GOLF COURSE right down the road from you. With almost an acre of land at your disposal, there is no limit to the home you could build. Close to connecting roads such as US-17 and Kings Highway, your next adventure is only a short trip away. Make your dreams come true and put in an offer on this piece of paradise today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$55,000
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 | $44,000 | $44,000 | $44,000 |
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 | $293 | $292 | $377 |
Total Monthly Payment | $368 | $367 | $452 |
* 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.