Prime vacant lot available for your dream home! Situated just across from the picturesque Lakeside Park, this expansive lot offers an ideal canvas to bring your architectural vision to life. Boasting 40 feet of coveted Ortega River frontage, the location offers not only breathtaking views but also the opportunity for various waterfront activities. Imagine waking up to the tranquil vistas of the river and enjoying serene sunsets in the evenings. With the convenience of being adjacent to Lakeside Park, you'll have instant access to green spaces, walking trails, and recreational facilities, making it perfect for outdoor enthusiasts and families alike. Strategically positioned, this lot not only provides an inspiring natural setting but also ensures convenience. Enjoy the ease of being in close proximity to shopping centers, ensuring you have all essentials and more within reach. Embrace the potential to craft a tailor-made residence that complements the surrounding beauty. The blank canvas invites you to design a home perfectly suited to your lifestyle, with ample space for modern amenities, lush landscaping, and perhaps even a private dock. Seize this rare opportunity to secure a piece of waterfront paradise that combines scenic tranquility with urban accessibility. Don't miss out on creating your sanctuary in this coveted location. Your future home awaits on this remarkable lot overlooking the Ortega River and Lakeside Park.
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,820 | $3,722 | $4,723 |
Total Monthly Payment | $3,912 | $3,814 | $4,815 |
* 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.