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Enjoy seasonal living just steps from the waters of Lake Hayward. This charming two-bedroom cottage offers the perfect summer retreat with beautiful lake views and a comfortable, easy-living layout. Inside, you'll find a bright and airy open floor plan filled with natural light. Cottage features a dining room and welcoming living room that flows seamlessly into a cozy enclosed front porch-an ideal place to relax while enjoying peaceful lake views and refreshing summer breezes. The cottage also includes a full bathroom with a washer/dryer hookup and a full basement that provides plenty of additional storage space. Designed for simplicity and comfort, this property offers endless possibilities for the next owner to update and make it their own. Perfectly positioned just a stone's throw from the lake, this home is a wonderful opportunity to enjoy lake life, outdoor recreation, and relaxing seasonal getaways. As part of the Lake Hayward Association, residents enjoy access to four beaches, water sports, tennis and pickleball courts, and a pavilion that hosts social events throughout the summer months for the whole family. A peaceful and serene lakeside lifestyle awaits. Make this inviting cottage your summertime getaway. Property is being sold " AS IS" Most furnishing remain with the sale of the cottage. Cottage has a public water source; water gets turned on mid April and gets shut off in November. Please note: boundary survey is in the process of being completed.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Softwood Floor | Main |
| Dining Room | Softwood Floor | Main |
| Full Bath | Tub w/Shower,Laundry Hookup | Main |
| Kitchen | Ceiling Fan | Main |
| Living Room | Softwood Floor | Main |
| Primary Bedroom | Softwood Floor | Main |
| Sun Room | Softwood Floor | Main |
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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 | $228,000 | $228,000 | $228,000 |
| 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 | $301 | $301 | $301 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,404 | $1,440 | $1,893 |
| Total Monthly Payment | $1,780 | $1,816 | $2,269 |
* 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.