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Presented by
Jeff Kaplan |
Build your dream home in the heart of Rainbow Lakes Estates! This 0. 24-acre (10, 454 sq ft) residential lot is zoned R-1 for single-family living and sits in an established neighborhood with existing homes already built nearby. Ready for a site-built home or a state-approved (DCA) modular home, with a generous 70 x 150 building envelope (approx. 54 x 100 ft buildable area after setbacks). Located in FEMA Flood Zone X (minimal risk — no flood insurance typically required), saving you money for years to come. Bring your well and septic and enjoy the peaceful Old Florida lifestyle just minutes from Rainbow Springs State Park, the crystal-clear Rainbow River, and historic Dunnellon. Low annual taxes. And if you're not ready to build yet, this is the smart way to protect your wealth — secure a tangible, low-maintenance asset in a fast-growing corner of Marion County and let it appreciate over time. Whether you build now or hold for the future, it's an affordable entry into one of the area's most scenic communities. Buyer to verify zoning and buildability with Marion County. Don't miss it! One or more photos have been virtually enhanced.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$13,900
VP of Investment Sales
William Raveis Real Estate
Phone: 203.505.3375
Jeff.Kaplan@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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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 | $11,120 | $11,120 | $11,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $67 | $70 | $92 |
| Total Monthly Payment | $142 | $145 | $167 |
* 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.