WELCOME TO THE "MACK SHACK. " This well-kept cottage is situated on a third of an acre fenced lot. The property sits directly across from
the entrance to the famous CAMP MACK which is a very sought-after destination for fishermen and all types of outdoorsmen. The totally fenced yard has two double gate entrances. The property originally was a 2/1 and over the years has been opened up into a wide-open floorplan to arrange any way you choose. The property has a new insulated and screened front porch for relaxing. There are two pole barns and storage shed along with a fire pit for those Fall evenings. Camp Mack offers access to Lake Kissimmee, Hatchineha, Cypress and Tohopekaliga where lots of bass-fishing tournaments are held. The property is located in Lake Wales, Florida--home to the well-known Bok Tower. Cottage is in good condition and just waiting for the new owners to make it theirs. There are two pole barns and sheds for storage. A/C and porch were done in 2023, roof was completed in 2021 and a new drainfield for the septic was replaced in 2021.
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 | $280,000 | $280,000 | $280,000 |
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 | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $133 | $133 | $133 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,839 | $2,361 |
Total Monthly Payment | $2,071 | $2,047 | $2,569 |
* 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.