Attention Developers: 126 acres of one of kind property. One mile from the turnpike entrance and less than two miles from the I95 entrance yet private. Over 1 mile adjoining the 855 acre 10 Mile Creek Reservoir, approximately 1, 600 feet on the 10 mile Creek Preserve and located across from the Gordy Rd County Preserve that features a fabulous 27 hole disc golf course along with hiking trails and picnic pavilions. Zoning is AG1 with future land use of RS (two units per acre). The land is mostly cleared and high and dry with lovely old oaks in patches and three lakes which offer built in views for the neighborhood. There are two very nice homes that each have their own guest cottage. Ideal for the owner who wants to have homes to rent out or use during development of the property.
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
RVP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.500%||7.875%||7.500%|
|Interest Rate based on Index + Margin||7.875%|
|Annual Percentage Rate||8.035%||8.023%||7.731%|
|Monthly Tax Payment||N/A||N/A||N/A|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$69,921||$72,507||$92,701|
|Total Monthly Payment||$70,046||$72,632||$92,826|
* 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.