LOCATION! LOCATION! LOCATION! and VIEWS! This beautiful and private 16 acre farm located in Cardinal Hill/ Meadowlands/Winner's Turf complexes is now available! This animal lovers dream farm includes a stunning wood paneled cinder block 14 stall barn complete with a large 1 bedroom barn apartment with full kitchen, full bath and laundry room. The main house is a spacious three bedroom/2 bath 2020 modular home with vaulted ceilings and central air/heat. There are large Morton barn run in sheds and covers in the paddocks along with auto waterers. The pastures are all cleared and high and dry with many flat options for grass arena space. This incredible opportunity to purchase a farm in a highly sought out community convenient to all Marion county and Alachua equestrian venues includes miles and miles of hacking options through woods and grass hacking lanes. Community includes horse professionals and amateurs of all disciplines and multiple competition and schooling facilities within walking distance as well. The property is truly a must see with its unique location offering all of the amenities of an equestrian ommunity living while also offering privacy and beautiful pastoral views. It also offers opportunity for income as an excellent rental facility on and off season.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
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 | $295 | $295 | $295 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,452 | $8,561 | $11,499 |
Total Monthly Payment | $8,872 | $8,981 | $11,919 |
* 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.