Horse lovers dream property. Bring your horses and settle in at this cute cottage in the country on 7 acres, not far from Ocala and 30 minutes from Gainesville. This mini-farm comes with 2 barns; a center aisle barn with 5 14’ x16’ matted stalls, large enough to be foaling stalls or to accommodate those bigger warmbloods; a large tack/feed room, and wash rack with hot & cold water. 2nd barn is shedrow style with two 10’ X10’ stalls. The property is made up of 2 parcels for a total of 7 acres comprising 4 paddocks w/ water to all paddocks. Fenced with wire/top board and three board. Home has beautiful solid wood cabinets, eat in kitchen with bay window, inside laundry, french doors off the bedroom, Butlers pantry area / drop zone as well as a whole house Generator, which also runs the well. Property has a mobile that was previously rented, in need of repairs, no current tenants. This farm will suit the horse lover that wants a peaceful home with amazing views, (farm backs up to 1000 acre cattle farm) but has enough amenities to suit the professional horse person wanting to grow a small business. 20 minutes to Paynes Prairie trails; 15 minutes to Majestic Oaks; easy drive to WEC, HITS, the Florida Horse Park, and Misty Morning Hounds.
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,000
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 | $471,200 | $471,200 | $471,200 |
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 | $286 | $286 | $286 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,135 | $3,132 | $4,040 |
Total Monthly Payment | $3,513 | $3,510 | $4,418 |
* 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.