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Basswood~Welcome to this brand-new construction 2025, 3Bed-, 2Bath custom home built using quality material houghtful upgrades, and modern finishes throughout. Designed for comfort, style, and lasting value. Sits on an oversized acre with a Metal roof, in scenic Okeechobee County. A unique modern/elegant home, under 1, 485SqFt TLA 1, 941SaFt. Features: an open-concept living and split floor plan with dining area that connects seamlessly into a modern kitchen with stainless steel appliances with soft closed cabinets and Quartz countertops. Spanish Porcelain tiles throughout and Indian porcelain on each bathroom. Spacious rooms, complete with double sinks. Main suite with large walk-in closet. Interior laundry with washer/dryer. 2 Car attached garage. Impact windows. On water well and septic. On septic, Ceiling fans. Rain gutters. No HOA in growing community. Enjoy quiet evenings on the back patio. Call today for a free Tour!
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$370,000
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 |
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|---|---|---|---|
| Loan Amount | $296,000 | $296,000 | $296,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | $42 | $42 | $42 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,823 | $1,920 | $2,478 |
| Total Monthly Payment | $1,940 | $2,037 | $2,595 |
* 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.