Welcome to Lake Forest Resort, one of Wakefield's best kept secrets located along the shore of beautiful Great East Lake. LFR is a mixed-use condominium campground that welcomes residents age 50+, golf lovers and outdoor enthusiasts. Set on 100 wooded acres, LFR offers well-spaced sites with privacy, as well as recreational and social activities for adults. 113 Oak Lane is home to a beautifully maintained park model. Inside you will find vaulted ceilings, large windows, living/dining/kitchen area, a 3/4 bath, bedroom, plenty of storage, central a/c, and a multipurpose room adding over 200 additional sq. feet. Outside you will find 2 carports, storage shed, fire-pit, sailboat and large front deck. 113 Oak is being sold completely furnished, minus personal items. All you need to do is unpack your suitcase and groceries! Golf enthusiasts will love the Cayman Golf Course that winds through beautiful tree lined fairways adjacent to the RV and cabin sites. The clubhouse hosts numerous activities all season. LFR has two miles of well-kept and shady winding roads ideal for walking or biking. LFR offers 200' of private waterfront. Here you will enjoy spectacular views of pristine Great East Lake and the calls of the local Loons. There is a private boat ramp for LFR residents only, canoe/kayak storage racks and day docks. Don't miss your opportunity to be a part of this truly unique and special community.
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William Raveis Real Estate
Phone: 888.699.8876
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $88 | $88 | $88 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $729 | $729 | $948 |
Total Monthly Payment | $892 | $892 | $1,111 |
* 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.