Speak to listing agent #2 before visiting the property. This exceptional waterfront property boasts over five acres of pristine land, primed for creating your private oasis. Indulge in the tranquility of a sprawling estate sitting waterfront on the idyllic Lake Calm with ample room for a long-gated driveway, a grand residence and a sparkling pool. Enjoy the exhilaration of motor boating and water skiing from your backyard. Lake Calm offers a haven for water sports enthusiasts. The cleared section adjacent to the frontage offers a prime canvas for your dream home, ensuring a clear view of the lake. Mature trees bordering the property near Gunn Highway provide a sense of privacy and a natural backdrop. If even more land is preferred, adjacent Lot 1 is also available for purchase, allowing you to create a more expansive estate. This property is free of restrictions often associated with HOAs, providing you with the freedom to design and build your dream home exactly as you envision it.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,560,000 | $1,560,000 | $1,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,989 | $10,118 | $13,589 |
Total Monthly Payment | $10,114 | $10,243 | $13,714 |
* 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.