This is a prime spot for DEVELOPERS! This is an 11 lot parcel that has been divided into individual lots, each over an acre, there is also an approved road (E Chestnut Oak Ct). This parcel broken up into individual lots and an approved road would've been quite the cost to a buyer. . . . already done! Two units per lot are permitted. You will be 5 minutes from the New SHOPS AT BLACK DIAMOND! Just down the road! FARMERS, HORSEBACK RIDERS Looking for a beautiful site to build your dream home? This could also be a great family compound or greenhouse farm, easily zoned agricultural with on site residence capability. Build your dream home and develop the other lots when desired. Look no further, beautiful trees and rolling hills, this location is just minutes from Central Ridge Park that has soccer fields, baseball fields, a sports arena and Withlacoochee bike trail. A hop, skip and jump to the Gulf and Lakes with no storm worries. Shopping and Restaurants of all kind nearby. This is a one of a kind opportunity.
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William Raveis Real Estate
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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 | $237,600 | $237,600 | $237,600 |
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 | $1,581 | $1,579 | $2,037 |
Total Monthly Payment | $1,656 | $1,654 | $2,112 |
* 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.