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*****LAKEFRONT LOT FOR SALE BROADWAY LAKE - RARE, FLAT LOT with DOCK, WATER, & SEPTIC IN PLACE**** Don't miss this unique opportunity on the shores of Broadway Lake featuring approximately 53’ of waterfront, with public water tap and septic already in place. This flat, usable, lakefront lot sits in a deep, protected cove with approximately 4 feet of water off the front of the dock, offering easy, direct access to the lake lifestyle. A two-story dock with access to power, is already in place and provides a great starting point for enjoying the water, though it does need some TLC. Septic system is believed to be rated for a 2-bedroom structure. Both the septic system and dock are being sold as-is. This is an 'it doesn't come around very often' opportunity to secure affordable, lakefront property that's perfect for a tiny home, weekend retreat, or a simple fishing cabin. Whether you're looking for a quick getaway or a long-term lake escape, this property delivers immediate access to fishing, kayaking, boating, skiing and all the water fun—all just steps from your shoreline.
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Our Executive Mortgage Banker:
$48,500
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 | $38,800 | $38,800 | $38,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $232 | $245 | $322 |
| Total Monthly Payment | $307 | $320 | $397 |
* 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.