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Nestled in the tranquil Lake Kerr area of Salt Springs / Fort McCoy—surrounded by nature and quiet charm . The close proximity to the Ocala National Forest and Lake Kerr, offers abundant outdoor recreation and breathtaking scenic beauty. Excellent location for buyers seeking a serene retreat with a small-town feel. The LOT RENT is $438 monthly and goes up annually. The community offers varies activities for the community members and access to the marina. There is also a RV storage for members to utilize if desired. Nearby sold comparable Homes show strong value for similar-sized homes: e. g. , a property nearby sold for $70, 100 earlier this year . This underscores the potential value proposition ( equity). The community has a low lot rent and no HOA overhead, this is especially attractive for those looking to enjoy easy living and affordability. Whether you’re looking for a retirement retreat, a part-time getaway, or an affordable primary residence, this home offers endless potential in a highly desirable setting. The Community pool, club house, shuffle board, quilting classes, and outings. There is Storage for rv's and a marina. You Do Not Want To Miss Out On This One! The seller is motivated. Please note, the water has been turned off.
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Our Executive Mortgage Banker:
Our Insurance Division:
$50,000
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
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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 | $40,000 | $40,000 | $40,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.137% | 6.132% | 5.396% |
| Monthly Tax Payment | $2 | $2 | $2 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $224 | $240 | $319 |
| Total Monthly Payment | $301 | $317 | $396 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.