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Welcome to this spacious 3-bedroom, 2 full bath Raised Ranch in the desirable Lake Carmel community, offering lake rights and endless potential. Set on a beautiful property with a huge, level, private side yard, this home provides the perfect setting for outdoor entertaining, family gatherings, gardening, or simply enjoying the peaceful surroundings. An oversized extended driveway offers abundant parking for multiple vehicles, guests, boats, or recreational equipment, while a backyard storage shed provides additional space for lawn equipment, tools, and outdoor gear. Step inside to a large, sun-filled living room that provides plenty of space for relaxing or gathering with family and friends. The functional floor plan features a dining room with sliding glass doors leading to the rear deck, a kitchen with an additional door for convenient deck access, and a spacious primary bedroom with its own private full bath. Two additional bedrooms and a second full bath complete the main level. The finished lower level offers a cozy family room with a wood-burning stove, creating the perfect place to unwind on cooler evenings. An additional flexible room can easily serve as a home office, den, playroom, gym, or guest space. Additional features include a 2-car garage, laundry room, alarm system, public garbage service, lake rights to beautiful Lake Carmel, and a backyard storage shed for added convenience. Please note that the home is currently filled with personal belongings. To better showcase the home's layout, room sizes, and possibilities, several listing photos have been virtually staged. This is a wonderful opportunity to make this home your own while enjoying all that the Lake Carmel lifestyle has to offer.
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Our Executive Mortgage Banker:
$475,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $380,000 | $380,000 | $380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $1,014 | $1,014 | $1,014 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,276 | $2,371 | $3,130 |
| Total Monthly Payment | $3,365 | $3,460 | $4,219 |
* 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.