Presented byBill Mooney |
Looking for your next development project? Almost 9 acres. 1 of several parcels included in a 2007 Hernando county approved development of 138 single family homes. See attached pdf for study information. DEVELOPERS READ TO THE END. This 9-acre plot of land is located in the Spring Hills section of Hernando County. Adjacent to Sand Ridge Subdivision to the North and Caldera Community to the East. Flood Zone X, and shows no online signs of wetlands on the property. To reach Swallow Nest Road, follow these directions: From US-41/S Broad Street, turn right on Powell Road. Drive 3. 6 miles, then continue on Elgin Boulevard for 2. 1 miles. Make a left on Landover Boulevard, left on Gondalier Road, left on Elwood Road, and finally right on Swallow Nest Road. ADJACENT 5 ACRES (MLS U8236153) AND 23 ACRES (call for details) ALSO AVAILABLE FOR A TOTAL OF 36. 7 ACRES. Likely additional 11 acres coming soon. Environmental, soil and traffic studies completed in 2007 and available for review.
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William Raveis Real Estate
Phone: 203.444.1171
Bill.Mooney@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,228 | $1,196 | $1,543 |
Total Monthly Payment | $1,303 | $1,271 | $1,618 |
* 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.