Presented byHope Mazzola |
Take Me To The Lake! No better chance to own at Lake Waccabuc than this exciting and rare opportunity. Sure she needs a little cosmetic work but every 100 year old lady could use having a little work done and this 'cute as a button' Cottage could be the star of the show again. She is in need of some interior renovation, though everything is in place (wood floors, kitchen & bath) - be bold and expand the entire second floor or enlarge the footprint like most of the others have done on the road. Set on a beautiful flat lot with modern well (drilled) and septic (runs alongside the house just beyond the driveway). With fantastic lake rights to Lake Waccabuc offering 3 Rights of Way - use your 25 hp motor boat, swim, fish and live the lake life! This is a very unique opportunity to buy one of the original homes and make it your own. Survey and Floor Plans are attached to the listing. Schedule your appointment now!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.714.0090
HopeMazzola@Gmail.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $413 | $413 | $413 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,097 | $2,692 |
Total Monthly Payment | $2,612 | $2,585 | $3,180 |
* 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.