Seller is offering a $5000 buyer concession at closing. This unique property sits on 10 acres of serene, rural land with frontage on Thorn Hill Lake, offering access to the St. Johns River. The property is accessed through a private gate, ensuring privacy and security. It includes three structures: the main house, a barndominium, and an aluminum storage building. The main house is a spacious 3-bedroom, 2-bathroom block home with an extensive front porch and an oversized 2-car garage. The oversized living room features a double-sided fireplace and flows into the kitchen and dining area, leading to a sunroom that spans the length of the house. The primary bedroom features ample closet space and a spacious bathroom. The barndominium, built in 1997, is just under 2, 000 sq ft with a large living area, kitchen, and a bedroom and bathroom. The property also includes a man-made pond at the front, a small stream behind the home, and plenty of land for outdoor activities. This property presents a fantastic opportunity for those looking to enjoy a rural lifestyle with the potential to build and customize their living space.
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Our Executive Mortgage Banker:
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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 | $471,920 | $471,920 | $471,920 |
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 | $484 | $484 | $484 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,140 | $3,137 | $4,046 |
Total Monthly Payment | $3,716 | $3,713 | $4,622 |
* 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.