Buyer Financing fell though with no fault of this property, The property appraised while the property was under contract.
Welcome to your new sanctuary, a masterpiece by ScotBilt Homes, unveiled in October 2023. This gracious abode boasts four bedrooms, two full bathrooms, and a bonus den/office, blending comfort with practicality in perfect harmony.
Step inside and be embraced by the warmth of this inviting space, where the family room seamlessly merges with the modern kitchen and dining area. Sunlight dances through ample windows, infusing the room with a radiant glow. With the primary bedroom and its en suite bathroom tucked away on one side, and three additional bedrooms plus the den/office on the other, this intelligently designed layout ensures both privacy and convenience.
Nestled on a sprawling six-acre plot, this property is fully fenced, with four acres to the south and an additional two to the north, complete with 3 horse stalls and a feed room. With agricultural zoning, it's the canvas for your equestrian aspirations or farming dreams. And just a stone's throw away, within 5-10 minutes, lies the heartbeat of downtown Arcadia, with its charming allure and vibrant energy. Tucked away in the backyard, a serene man-made pond awaits, offering a tranquil escape. To top it off, a separate climate-controlled 12x 24 tack room or shed, stands ready to cater to your storage needs. Welcome to the quintessential country lifestyle!
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Our Executive Mortgage Banker:
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$440,000
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 | $352,000 | $352,000 | $352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.623% |
Monthly Tax Payment | $150 | $150 | $150 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,401 | $2,340 | $3,042 |
Total Monthly Payment | $2,626 | $2,565 | $3,267 |
* 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.