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North Lake County Waterfront Ranch and Home is an opportunity to purchase roughly 240 ± acres in an extremely
desirable part of Lake County. This property can serve as a secluded home place for an individual or family seeking
hunting, fishing, recreational, and ranching opportunities. Combined there is roughly 10, 157 ± feet of frontage on
multiple lakes with one 4. 5-acre lake being completely internal to the property. The ranch is mostly comprised of
improved pasture on the south end while transitioning into large live oak hammocks as you head towards the
northern boundary. The improved pasture is completely cross fenced with a central penning lane allowing for
rotational grazing and easy gathering of cattle. There is a 2, 997 ± square foot 3 bedroom, 3 bathroom house that was
built in 2008 on site. Additionally, there are other barns and agricultural structures on the ranch as well. There is
roughly 1, 805 ± feet on road frontage of CR 450 ensuring easy access and land appreciation as a prospective buyer
looks into the future. The extensive road frontage could also provide a potential buyer with ability to subdivide
whether it be for re-sale or to create a family compound.
The cattle and some equipment on the ranch is up for discussion and can be purchased separately should a buyer be
interested. Contact Zeb Griffin for more information.
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Our Executive Mortgage Banker:
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$3,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,000,000 | $3,000,000 | $3,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.164% |
| Monthly Tax Payment | $419 | $419 | $419 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,746 | $18,228 | $25,316 |
| Total Monthly Payment | $18,290 | $18,772 | $25,860 |
* 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.