TOWN OF NEWBURGH 88 ACRES ON 1 PARCEL & ON 2 MUNICIPAL STREETS LAKESIDE ROAD, PATTON ROAD AND NEXT TO THE PRIVATE ROAD WANDERING DRIVE. . . Valley Central school district. Calling all developers to this beautiful land in super location next to pre existing subdivision and 2 newly constructed homes less than a year old on Patton Road. Municipal water/sewer and natural gas available on the side private road Wandering Drive. This is raw land with many possibilities for multiple lot subdivision always with town building department approvals. Property split in middle by Lakeside road with over 900' ft. road front and then continues on Patton Road with over 600' ft. road front. Property is between Route 52 and Route 17K. Easy access location to all major highways including I-84 & I-87, services, amenities, Stewart International Airport and just minutes from Metro North Beacon train station and Hudson River. Only 20 minutes from West Point, Woodbury Commons and New Paltz. Additional Information: SoilType: Unknown,
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $576,000 | $576,000 | $576,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,881 | $3,828 | $4,858 |
Total Monthly Payment | $3,973 | $3,920 | $4,950 |
* 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.