Welcome to your lakefront paradise! This stunning vacation home is nestled on the shores of Baboosic Lake, offering breathtaking southern exposure and abundant sunshine all day long. Located in a lake community, this property is within close proximity to Highway 101, making it easily accessible year-round. Originally designed as a seasonal retreat, this home has been meticulously updated with modern conveniences, making it suitable for year-round living. The cozy interior features forced hot air heating powered by propane, ensuring comfort during all seasons. Step outside onto your own private oasis—a large sandy beach stretches along the shoreline, inviting you to relax and soak up the sun. The flat, level lawn provides plenty of space for outdoor activities, while a huge deck offers the perfect setting for entertaining guests against the backdrop of sparkling lake views. Large windows throughout the home offer views of the lake, allowing natural light to flood the interior spaces and creating a tranquil ambiance. With plenty of parking available for all your guests, hosting gatherings and enjoying the summer on the lake has never been easier. Experience the ultimate lakefront lifestyle with a variety of water activities right at your doorstep. Whether you enjoy sailing, fishing, water skiing, jet skiing, kayaking, or snowmobiling in the winter months, this property offers endless opportunities for outdoor recreation and relaxation.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
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 | $690 | $690 | $690 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,957 | $3,855 | $4,891 |
Total Monthly Payment | $4,739 | $4,637 | $5,673 |
* 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.