BUILD A HOME OR BRING A MANUFACTURED HOME TO THIS BEAUTIFUL CORNER LOT! Invest today in this vacant land, located at 420 Arnold Rd in Kenansville! This 0. 42 acre lot located on almost a half-acre with NO HOA and IMPACT FEE CREDITS in place offers so many possibilities! The property features a well and will need a new septic tank. If you are looking for a future home where you can enjoy the country setting and relax at the end of the day or go fishing on Lake Marian, then this may be the land for you! Lake Marian offers public boat ramps and only a few minutes from this property. Take your golf cart down to the boat ramp for fishing or visit with neighbors in this unincorporated community. Kenansville offers a local gas station and food store for your necessities, a post office and restaurant options without taking the drive to Saint Cloud. Located approximately 30 minutes to Saint Cloud for all of your shopping needs including the historic Downtown Saint Cloud! All information is deemed reliable but shall be independently verified by a buyer including land use, measurements and zoning.
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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 | $59,200 | $59,200 | $59,200 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $394 | $393 | $499 |
Total Monthly Payment | $469 | $468 | $574 |
* 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.