Pre-Construction. To be built. Opportunity to purchase lot+build with one of the Premier Custom Home Builders in Lake County. Home build is with McCloskey Homes Inc. 2. 98 acre lot + Model shown (see features sheet) in the price shown. Hidden River Lakes is fast becoming one of the most desirable neighbourhoods in the area. Gated, waterfront community with all acreage lots. Full access to the Harris Chain of Lakes. Cost effective HOA and space to bring your boat, your RV, build accessory buildings. This lot is zoned equestrian. Lot is cleared and ready to build. Beautiful mature trees to the rear of the lot. Paved roads. Street lights. Utilities and high speed internet run to front of lot. Contact the listing agent to discuss funding routes / talk about putting your own design in to this custom home. You choose your finishes. Options for further features such as pool, outdoor kitchen. This price includes beautiful finishes, feature 12ft / 10ft high ceilings, all appliances, all fixtures. It will be move in ready! We welcome contact from buyer agents! List agent is HOA President. Feel free to bring any / all questions on this outstanding 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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $839,120 | $839,120 | $839,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $277 | $277 | $277 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,373 | $5,373 | $7,367 |
Total Monthly Payment | $5,775 | $5,775 | $7,769 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.