Presented byPaula Fahy Ostop |
Under contract-accepting backup offers. This beautiful lakefront home is located at the end of a quiet street inside the city limits of Frostproof. The property is in walking distance to the library, downtown, and play park. There is approximately 200 feet of lake frontage off the shores of Lake Clinch. This property has views with breathtaking sunsets. Clinch Lake is great for swimming, fishing and all watersports. There is a very nice dock with a covered boat lift. The home has been well maintained and has lots to offer. The home is a spacious 4 bedroom, 2 1/2 bath it has a detached guest cottage which contains 1 bedroom, 1 bath with kitchen and living/dining room. The cottage is currently rented out month to month and is an extra source of income. The kitchen in the main house has been remodeled, with granite countertops, self closing cabinets and drawers, lighting underneath cabinets, pantry cabinet and tile flooring. The primary bath has been remodeled with dual sinks, large walk-in shower, linen closet and tile flooring. The living, dining and bedrooms have hardwood floors. The home has some newer windows and doors and most rooms have plantation shutters. This home has a metal roof, double garage, workshop and so much more. The home is located approximately 1 1/2 drive to Tampa or Orlando. Call today to come see this SPECTACULAR home and property you will not be disappointed!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.748.1845
Paula.Ostop@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.990.2486
paul.addamo@raveis.com
NMLS Mortgage Loan Originator ID 93047
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
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% | 7.171% | 6.518% |
Monthly Tax Payment | $479 | $479 | $479 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,793 | $3,695 | $4,767 |
Total Monthly Payment | $4,364 | $4,266 | $5,338 |
* 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.