PRICE IMPROVEMENT: Ever thought about buying a property with it's own Peninsula? Well here's your chance. This property sitting on Lake Rush boasts many possibilities. Enjoy sitting in the oversized living room looking out the french doors at your inground screened in pool or look a little further at Lake Rush. Or walk out onto your private island and enjoy the scenic view up close. This property has so much potential for luxury living with 2. 56 total acres to develop into your own wooded compound. This property has a large workshop under the home, a covered carport with build in workshop. This property is conveniently located within 10 minutes of World Famous Crystal River, Yankee Town and minutes to Rainbow Springs Park and Rainbow River which is in the top 5 natural springs in the state of Florida, the Withlacoochee River, Withlacoochee Trail Head, but minutes from several restaurants (some on the water), near grocery stores, shopping, and lots of outdoor park and fun spots. This place is an oasis for those who love the outdoors. The nature coast of Florida offers the best in salt water fishing but ranks highly for fresh water fishing as well. It's nearby Lake Russo for bass fishing. If you are a hunter, you will glad to know that there is ample wild pigs, turkey, deer and much more many of which venture on to this property. You can venture to the World Equestrian Center in just 30 minutes. If you are a frequent traveler, This property is 1. 15 hours to Gainesville Airport, 1. 5 hours to Tampa International, and 1. 5 hours to Orlando International.
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Our Executive Mortgage Banker:
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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 | $319,920 | $319,920 | $319,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.893% | 7.171% | 6.538% |
Monthly Tax Payment | $248 | $248 | $248 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,155 | $2,126 | $2,743 |
Total Monthly Payment | $2,478 | $2,449 | $3,066 |
* 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.