Stop Paying Lot Rent! Nicely maintained and furnished, this one bedroom home is located in the premier 55+ gated community of Saddlebag Lake Resort, where you OWN the land. The ground floor main living area includes a spacious living and dining room combination, complete with a sleeper sofa for your overnight guests and an electric recliner for maximum t. v. watching comfort. Upstairs you'll find a very functional kitchen, a relaxing day bed and breakfast nook, a cozy bedroom, a recently updated bathroom and a sizable laundry room. Walk through the sliding glass door downstairs and you're in the large screened porch where you'll enjoy entertaining friends, plus there's an adjacent storage shed. Surrounding trees provide welcome shade and afford the home added privacy, and there are two driveways so you'll always have a place to park. The low HOA includes your water, sewer and trash pick up, as well as use of all the amenities, including a sparkling community pool; hot tub; tennis and pickleball courts; horseshoe pits; a rec room with fitness equipment, pool tables and saunas; shuffleboard courts; a dog park, driving range and a library. Of course, you'll have access to Saddlebag Lake, where the fishing is great! Not to mention the clubhouse where you can participate in planned activities, and a beach house that you can use free of charge for private parties, just reserve it. There's truly something for everyone here, so don't wait another minute, call to schedule your private tour now!
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Our Executive Mortgage Banker:
Our Insurance Division:
$90,000
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 | $72,000 | $72,000 | $72,000 |
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 | $61 | $61 | $61 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $479 | $479 | $617 |
Total Monthly Payment | $615 | $615 | $753 |
* 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.