Seize the opportunity to own a 0. 23-acre lot in a rapidly growing area of Citrus Springs! This lot is situated on a street filled with new construction homes, offering an exciting prospect for those looking to build their dream home or make a smart investment. With excellent topography, the lot provides a solid foundation for construction and helps reduce site preparation costs.
Lot Features: Prime Location with New Construction: Located on a street with many newly built homes, this lot is in a highly sought-after area, making it a great choice for investors or homeowners looking to build in a thriving neighborhood.
Excellent Topography: The lot is level and solid, offering a great foundation for construction, making the building process smoother and more cost-effective. Ample Space: At 0. 23 acres, this lot offers plenty of room for a custom home, outdoor living spaces, gardens, or even a pool.
Utilities Available: Water and electricity connections are already available at the lot, which makes the construction process more convenient.
Zoning for Single-Family Homes: This lot is zoned for single-family homes, providing a perfect opportunity to build a custom residence in a growing area. No HOA Fees: Enjoy the freedom of building and modifying your property without the restrictions and fees of an HOA. Proximity to Major Roads and Amenities: The lot is just minutes from main roads, with easy access to shopping centers, restaurants, parks, and other amenities, making it a convenient location for daily life. Growing Community: With many new homes being built in the area, the neighborhood is rapidly developing, offering potential for property value appreciation in the future. Perfect for Building Your Dream Home: This 0. 23-acre lot offers the perfect combination of location, excellent topography, and space for your dream home. Located on a street with many new constructions, it's an ideal choice for anyone looking to invest in a growing community or build a custom home in a desirable area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$23,900
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 | $19,120 | $19,120 | $19,120 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $127 | $127 | $164 |
Total Monthly Payment | $202 | $202 | $239 |
* 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.