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Fabulous Alligator Lake Property The property has a 2 bedroom 2 bath 1125 sq. ft. home with ceramic tile throughout, crown
molding, a screened porch, and a carport with laundry facility and full bath. The home has a metal roof . The utilities are septic and
well, water softener. Exterior features include a gazebo, carport, outdoor shower, and laundry hook up. The second single family
home was built in 2023 on this . 84 acre parcel. The second home has 1 bedroom and1. 1 baths, Great room, full kitchen and dinette,
a 365 sq ft garage and 12 x 13 screened porch. The bedroom has a 13 x 5 walk in closet, the full bath has a walk in shower with
bench and shampoo niche. Other features include 9 foot ceiling, 8 foot doors, linen closet in the 1/2 bath, storage closet in the
laundry room, and a walk in storage closet in the hall. Water is available at the rear of the home and also down by the lake in the
gazebo. The Alligator Chain of Lakes is an 8, 352-acre, 12-lake chain of lakes system. Out of the 12 lake system, 6 of the lakes are
connected by navigable waterways, and 6 lakes in the chain require a re-launch. The Alligator Chain’s lake farthest north is Lake
Center and Brick Lake is the southern most lake on the Alligator Chain.
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 |
|
|---|---|---|---|
| Loan Amount | $500,000 | $500,000 | $500,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $491 | $491 | $491 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,079 | $3,157 | $4,152 |
| Total Monthly Payment | $3,662 | $3,740 | $4,735 |
* 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.