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Have you always dreamed of that Log Home in the Mountains? Well come and see this beautiful home close to the Foothills of the Blue Ridge Mountains! Enjoy the privacy on 4. 2 acres of Paradise! Not only does this property feature a 5 Bedroom Log Home but it also includes a recently finished Guest Cabin with 3 Bedrooms, 1 Bath & its own Kitchen! Use it for family, for your friends or as an Airbnb! The Main home itself offers flexibility with the basement that can be further finished to keep with the home or use as another Family unit or Rental! It has its own entrance for the ultimate in privacy. This property presents a rare opportunity as a Lifestyle Retreat or an Income producing asset! Did we forget to mention that a lot could be subdivided off the front of the property as added value or that the separate 3 Bedroom cabin could be subdivided off too? Lots of opportunities and value! Some of the other features you will be pleased with is the detached Study for the ultimate in privacy or for a Man Cave! The floor above the nice sized two car garage features an awesome Game Room or could be made into another bedroom! Outside you will also find an 11x24 Storage Shed to put away whatever you need! Could also be used as a Hobby Room! So many features and flexibility! Call today to see this Fantastic Property!
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Our Executive Mortgage Banker:
$850,000
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 | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $227 | $227 | $227 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,077 | $4,132 | $5,738 |
| Total Monthly Payment | $4,396 | $4,451 | $6,057 |
* 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.