|
Imagine waking up to the gentle sounds of lake life, stepping out onto your expansive corner lot where morning coffee tastes better surrounded by the promise of mature gardens waiting to bloom again. This 5-bedroom, 3-bathroom ranch estate sits on 3 SEPARATE PARCELS in the coveted Twin Lakes community, offering savvy investors and visionary developers a rare opportunity to resurrect a once-magnificent property. The bones of greatness remain: a thoughtfully designed multi generational configuration with dual kitchens and private entrances, perfect for multi-generational families or dual-income potential. The crown jewel upstairs bathroom features a luxurious safe step walk-in jacuzzi tub and shower - a sanctuary of accessibility and comfort. The 2-car garage with workshop space speaks to weekend projects and creative endeavors. But it's the land that tells the real story. The combined parcels create a sprawling corner lot where established plantings and mature flowering bushes whisper of spectacular seasons past. These sleeping giants need only attention to transform the grounds into a botanical showcase once more. The level terrain begs for outdoor entertaining - imagine summer barbecues, laughter echoing across the lawn, and evening gatherings under string lights. Located steps from pristine lake access, this property offers lifestyle and investment potential in equal measure. The finished basement provides additional living space, while the separate parcel opens doors to tiny house development or simply more room to breathe (buyer to verify possibilities with Town). Priced as a fixer-upper with tremendous upside, this Twin Lakes treasure awaits someone with vision to restore its former glory.
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:
$350,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $543 | $543 | $543 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,590 | $1,677 | $2,233 |
| Total Monthly Payment | $2,208 | $2,295 | $2,851 |
* 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.