Trainer's delight: This is a perfect set up for maximum income production. 10 acres with 2 barns, a total of 14 stalls close to the Ocala Country Club. At the end of a dead end street, this property is a rare find with one of the very few dedicated direct accesses to The Florida Greenway. The 2/2 barn apartment is very well appointed and has been completely remodeled with a deluxe kitchen and all new appliances. A new heated lap pool is perfect for getting your exercise by swimming against the current , or, with the integrated Jacuzzi and automated full cover it is just as well suited for relaxing after a long day of riding. The 2 permanent RV hook ups can accomodate your out of town students and generate extra income.
The property is fenced & crossfenced, ready for your horses. One of the barns has 6 stalls and the 2/2 apartment, the second barn has 8 stalls. A new riding arena was built for the discerning equestrian with a clay/sand base and irrigation in place. Many inviting areas to relax and enjoy the scenery. Truly a farm to enjoy while getting a great income stream.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $195 | $195 | $195 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,186 | $7,883 | $10,702 |
Total Monthly Payment | $8,506 | $8,203 | $11,022 |
* 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.