|
Welcome to life on Lake Hobbs — a rare opportunity to own 85 feet of frontage on this private 60-acre lake known for its calm waters, natural beauty, and peaceful surroundings. Set on nearly an acre, this property offers an exceptional canvas to enjoy true lakefront living, whether as a weekend escape or the future site of your dream home.
Spend your days fishing, kayaking, paddleboarding, or simply taking in the quiet, scenic views that make Lake Hobbs so special. With expansive shoreline and open space, there is ample room to create your ideal outdoor retreat — from a custom home to enhanced waterfront amenities.
Tucked within the property is a charming 3-bedroom, 1-bath cottage that provides a comfortable place to enjoy the lake now or while planning a future build. A detached two-car garage and additional space for parking and storage make it easy to accommodate lake toys and recreational gear.
Properties like this — offering privacy, usable land, and direct access to a private lake — are increasingly hard to find. Whether you envision a peaceful getaway or a long-term lakefront legacy property, this is a unique opportunity to secure your place on Lake Hobbs.
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:
$450,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $140 | $140 | $140 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,156 | $2,246 | $2,965 |
| Total Monthly Payment | $2,371 | $2,461 | $3,180 |
* 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.