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PRICE REDUCED ***The sellers are highly motivated to sell this property and P4937244 together and are willing to sell them at a substantial discount IF purchased together as a combined sale ***
Discover charming lakeside living with this inviting 2-bedroom, 1-bath home set on a generous 0. 61-acre lot with beautiful views of Crooked Lake and deeded lake access just steps away. Perfect as a primary residence or an investment opportunity, this property offers flexibility with a current month-to-month tenant who would love to stay—giving you options from day one. Inside, you'll appreciate the spacious kitchen featuring abundant cabinet and counter space, ideal for cooking and gathering. Additional highlights include an indoor laundry room, comfortable living areas, and bedroom views overlooking Crooked Lake, creating a serene retreat. Relax on the large front porch, where you can enjoy peaceful mornings, lake breezes, and scenic surroundings. Practical updates provide peace of mind, including a new roof installed in December 2022. With its generous lot size, charming interiors, lake access, and desirable location near beautiful Crooked Lake, this property is full of potential—whether you're seeking a getaway, full-time home, or income-producing investment. This property can be purchased with the adjacent property located at 1000 Cody Cove Road making a great "mother-in-law" property or live in one and use the other as an investment/rental property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$244,900
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 |
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|---|---|---|---|
| Loan Amount | $195,920 | $195,920 | $195,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $180 | $180 | $180 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,082 | $1,159 | $1,562 |
| Total Monthly Payment | $1,337 | $1,414 | $1,817 |
* 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.