Price Improvement!!! Here is an opportunity to enjoy the Lake Life and have income at the same time with two Homes on Wimberly Lake. Both manufactured homes have been remodeled and updated. They're clean and turn key ready. They each also have separate driveways, so it's also perfect for the AirBnB investor. The Main home is a 2/2 split floor plan with large screened and open porch area overlooking the lake. The views are absolutely stunning. The property also includes a Huge work shop and storage building. The 1/1 has a living room addition and large open shady deck which also overlooks the lakefront. There's even an RV hookup for traveling friends or family. ''Wimberly'' is a clear water all recreational lake. Great for skiing, fishing, wake boarding, Kyaking, jet skiing and more. The lake frontage is over 180 feet. The floating dock is movable, which
always allows its use over the water. Get some sun on your sandy beach or sit in the shade of the Live Oak trees while watching sunsets and the wildlife coming and going. This is "THE REAL LAKE LIFE" at its best. Get back to some Rural Living again here
in the Lake Region of North Central Florida. The location is an easy commute to Gainesville, Palatka, and Ocala. Even the Historic Towns of Melrose and Hawthorne are near by for all types of cultural activities: Live music, art, restaurants, shopping, local
events, open markets, hiking on Rails to Trails, parks and more. Drive bys are welcome but showings on property are by appointment only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$267,800
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 | $214,240 | $214,240 | $214,240 |
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 | $1,425 | $1,424 | $1,837 |
Total Monthly Payment | $1,500 | $1,499 | $1,912 |
* 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.