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HAVE IT ALL - FARM LIFE LIVING WITH LAKE ACCESS TO BULL LAKE. THIS 9 ACRE + PROPERTY HAS ABOUT EVERYTHING YOU'LL NEED FOR A DIFFERENT WAY OF LIFE OUT HERE. IT'S THE PERFECT PLACE IN NORTH CENTRAL FLORIDA TO START AGAIN OR JUST INVEST AS WE CONTINUE TO GROW HERE. IT'S ALSO VERY NEAR THE HISTORIC TOWN OF MELROSE FLORIDA. THE PROPERTY HAS A NEW 30X40 DRIVE TROUGH METAL BARN BY WITH CEMENT FLOOR. INCLUDES A 32X26 POLE BARN FOR MORE EQUIPMENT STORAGE. THE PROPERTY ALSO INCLUDES A NEW 4 INCH SUBMERSIBLE WELL AND PUMP HOUSE / WORKSHOP WITH EVEN MORE STORAGE. BEING MOSTLY ALL WITH SOME SHADE TREES - ITS IDEAL FOR CATTLE, HORSES, GOATS, CHICKENS AND MORE. THE COMMONS AREA FOR LAKE ACCESS TO BULL LAKE FONDLY CALLED 'BULL POND' REALLY AIN'T NO POND. BULL ALSO CONNECTS TO LAKE WINNOTT, BOTH ARE GREAT FOR WAKE SURFING FISHING , TUBING WAKEBOARDING, SKIING, KAYAKING AND MORE. THE PROPERTY IS CENTRALLY LOCATED BETWEEN GAINESVILLE, OCALA, AND PALATKA FLORIDA BUT MORE IMPORTANTLY ITS LOCATED JUST MINUTES TO HISTORIC MELROSE WHERE YOU'LL FIND RESTAURANTS, DOCTORS, SENIOR CENTER (SERVING FOOD), SHOPPING , MANY CULTURAL ACTIVITIES EVEN VARIOUS CLASSES TAUGHT AT MOSSMAN HALL, ALSO LIVE MUSIC, A MUSIC STORE, ART STORES, PLUS REGULAR MUSIC EVENTS AND MORE. THIS PROPERTY AND LOCATION HAS ABOUT ALL YOU'LL NEED TO BEGIN A DIFFERENT WAY OF LIFE IN NORTH CENTRAL FLORIDA. YOU JUST GOTTA SEE THIS ONE. WE'LL SURE MAKE IT EASY FOR YOU LOOK AROUND.
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Our Executive Mortgage Banker:
Our Insurance Division:
$324,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $259,920 | $259,920 | $259,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,517 | $1,579 | $2,107 |
| Total Monthly Payment | $1,592 | $1,654 | $2,182 |
* 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.