Presented byJerry Mason |
This exceptional lakefront lot offers over an acre of land, 125 feet of your own private sandy beach, the exclusivity of being one of only five lakefront lots available on Fogg Rd, Whatever you envision, you can create - from a legacy family home to a secluded private retreat. The groundwork has been meticulously laid out, boasting a pre-installed septic and leach field that's already inspected and ready for immediate use, as well as electrical, cable, and public water already on site. Save time and money while starting your construction journey without the hassle of installing utilities! With reduced overall construction costs, you can design and build on this already-level lot with full control over every detail, from the architectural style to the interior finishes. Wake up to expansive views of the glistening lake and the gentle sounds of loon, and go to sleep under a clear view of the stars. There’s a pump set up for lake water to use for gardening, and lovely landscaping is already underway with spruce trees and beautiful flower beds. Use the large Reeds Ferry Shed as work shop or however you see fit. Privacy is assured with a breathtaking row of 100 Arborvitae trees and 6 foot fencing on three sides. At the shoreline, you can jump off your brand-new dock and use it as the gateway to water adventures like kayaking, paddleboarding, and boating right from your doorstep. Build your dream home and enjoy the magic of sunrise and sunset on this east-west facing lot.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
Sales Associate
William Raveis Real Estate
Phone: 508.292.9297
Jerry.Mason@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,908 | $3,855 | $4,973 |
Total Monthly Payment | $4,000 | $3,947 | $5,065 |
* 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.