Situated on the south end of Tomahawk Lake, this home is less than 1. 5 hours to Manhattan and has private lake frontage and direct access to launch your kayak. This 2 bedroom, 2 full bathroom home and lake property is the quintessential weekend home. It is quiet and private. Enjoy the spectacular lake views from inside the home! The interior space has an open-concept and vaulted ceilings, a wood-burning fireplace, and an adorable reading nook loft. Features include granite countertops, stainless steel appliances, a wall-oven, cooktop, new vanities and new flooring. The layout of the home offers separation of bedrooms, 2 large common areas, and finished space in the walkout basement that could serve as another bedroom or an office. Much of the living space is all on one level including the laundry room. The yard offers many charming seating areas and has a variety mature beautiful flowering trees and even peach trees ready to eat! The adjacent parcel of . 3 acres is included in the sale.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $1,069 | $1,069 | $1,069 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,327 | $3,323 | $4,217 |
Total Monthly Payment | $4,488 | $4,484 | $5,378 |
* 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.