LIVING THE LAKE LIFE!! This stunning 4-bedroom, 2. 5-bathroom home is nestled on the highly sought after spring-fed Lilly Lake. Known for its clear waters and sandy bottom, Lilly Lake offers a picturesque setting perfect for a variety of water activities and relaxation. Imagine your days fishing, wake boarding, skiing, jet skiing or simply cruising the lake. Host memorable family gatherings, enjoy quiet evenings watching the sunset over the water. With a sandy beach for the kids, and space for outdoor activities, this property is perfect for creating lifelong memories. This home offers a 2 car detached garage, Concrete pad for your RV with 30 amp plug in, an outside bathroom, concrete boat ramp, 50 X 10 beach deck by the water, adjustable dock a 20 X 40 working garden and the 16 X 40 versatile building currently used as a photo studio, with mini split HVAC system and could easily be converted into a mother-in-law suite, guest house, or home office. This is a must-see property for anyone looking to combine the tranquility of lakefront living with modern amenities. Whether you're seeking a peaceful retreat or an active waterfront lifestyle, this is the one for you.
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Our Executive Mortgage Banker:
Our Insurance Division:
$538,800
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 | $431,040 | $431,040 | $431,040 |
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 | $77 | $77 | $77 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,868 | $2,865 | $3,696 |
Total Monthly Payment | $3,037 | $3,034 | $3,865 |
* 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.