One or more photo(s) has been virtually staged. Pre-Construction. To be built. *** LAKEFRONT / DOCK-ABLE - 1. 53acres + custom Home Build!! *** Work with McCloskey Homes Inc to tailor this home to meet your exact needs. This is a truly beautiful example of a lakefront lot in the Hidden River Lakes community, overlooking the private, tranquil Lake Diane.
*** Builder is offering $10, 000 in upgraded finishes for contracts signed in 2024 *** This gives you the best of all worlds. Lake views, custom home with high end finishes, privacy, acreage, public utilities, low HOA, space from neighbours, and FULL ACCESS to the HARRIS CHAIN OF LAKES via the community boat ramp. You can choose your finishes. Options include pool, dock and fireplace. Make the changes you wish in conjunction with the builder. Choose whether you spend your time lazily fishing or kayaking on Lake Diane or drop your boat into the freshwater canal and head off to Historic Mt. Dora, Eustis, Tavares, or Leesburg waterfronts for dining, shopping, and world-class events! This lot can make your Florida dream a reality! The listing agent is HOA President, so ask your questions; we have the answers!!! Seller will consider buyer concessions if presented as part of an offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,090,000
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 | $872,000 | $872,000 | $872,000 |
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 | $368 | $368 | $368 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,584 | $5,584 | $7,656 |
Total Monthly Payment | $6,077 | $6,077 | $8,149 |
* 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.