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Enjoy Candlewood Lake this spring from this charming 2bedroom cottage with an additional loft in the gated Candlewood Knolls community. Beautiful water views greet you from the front porch, while the warm, inviting interior offers a welldesigned layout and flexible loft space ideal for guests or a cozy retreat. Located directly across from one of the community's three sandy beaches! A new split system provides efficient yearround comfort. The surprisingly private back patio and outdoor living space create the perfect setting for relaxing or entertaining after a day on the lake. An electrified shed adds potential for a tiki bar, workshop, or hobby area. Candlewood Knolls residents enjoy private boat docks and slips, a summer camp, tennis courts, baseball field, basketball court, playground, and a lakefront clubhouse available for private events. Generator ready with strong rental potential, this home is just 75 minutes from NYC and offers the full Candlewood Lake lifestyle. Boat slips are available through the community signup system.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Ceiling Fan,Hardwood Floor | 9.1 x 11.1 | Main |
| Full Bath | Tub w/Shower,Hardwood Floor | 4.1 x 7.1 | Main |
| Living Room | Skylight,Cathedral Ceiling,Ceiling Fan,Combination Liv/Din Rm,Fireplace | 14.4 x 25.5 | Main |
| Loft | Wall/Wall Carpet | Upper | |
| Primary Bedroom | Ceiling Fan,Hardwood Floor | 10.9 x 13.4 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $471,200 | $471,200 | $471,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $699 | $699 | $699 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,901 | $3,017 | $3,945 |
| Total Monthly Payment | $3,692 | $3,808 | $4,736 |
* 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.