This property is zoned for Apartments and Townhouses with plenty of room to add. It has a Log Cabin on it with a great lake. This would be a wonderful Airbnb. You must see this!!! This is an amazing 4+ acre Log Cabin with 3 bedroom, 2 and ½ bathrooms with a 34'x34' unfinished basement and is nestled back off the road with an amazing lake in front of the house. he upper bonus room is 36'x18' with an adjoining 25' x 18' storage room. When you’re setting on the screened porch that runs the entire length of the house your looking over the lake and out at the general store, its like being back in time. The house was constructed by a man and his son. He worked at the railroad and used the box car flooring, which are 4 inch thick and 8 inches wide as the floor in the entire house. This property is like being in the mountains of Tennessee, but only five minutes from downtown Greenville. The property has over 4 acres. This Log Cabin is amazing and in excellent condition. The property has an old general store that was built on the front of the property also has a nice storage building, there's plenty of wildlife roaming the property everyday Basically you see something every day you can sit on the big screened in porch and be five minutes from downtown and enjoy looking over your lake and wildlife
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
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 | $144 | $144 | $144 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,060 |
Total Monthly Payment | $4,228 | $4,224 | $5,296 |
* 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.