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Webster Lake Is Calling- (Pick Up. ) Most people dream of owning waterfront land. You could own 3 parcels of it. This 1. 33-acre peninsula on Webster Lake was previously 3 separate waterfront lots & may be subdividable back into 3. That’s not just a property — that’s a full-blown strategy. Build 3 luxury Airbnbs & let the lake pay your mortgage. Create the ultimate family compound w/ enough space that you still actually like each other. Go the ADU route & stack income streams. Explore condo conversion & watch your investment multiply. Build multiple docks, rent out slips & let the water work for you 365 days a yr. Smart investor? This is your sign. Dream builder? Same. Family visionary? Absolutely you. Town water & sewer available. Panoramic views, unmatched privacy & the kind of potential that makes your jaw drop faster than the anchor! All uses subject to town approval — buyer to verify w/ town prior to any change in use or status. 3 lots. 1 insane opportunity. What took you so long?
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $2,240,000 | $2,240,000 | $2,240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,718 | $13,792 | $18,902 |
| Total Monthly Payment | $12,843 | $13,917 | $19,027 |
* 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.