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23 South Street, Blooming Grove, NY, 10914 | $6,500,000
Largest vacant land parcel left in the Village of Washingtonville with WATER AND SEWER. There are two contiguous parcels. 121-1-1. 1 is 88. 5 acres and the contiguous parcel of 64. 5 acres is SBL 119-1-1. 1. There was a full engineered plan done in the late 2000's for an age restricted high density housing development. Solar lease in place on the 64. 5 acre property, which brings in $30, 000 yearly and has yearly bumps in rent for 30 years. There are two concept plans, one showing multi family and the other commercial. Village is presently in a moratorium. All information is in documents. Seller is keeping the old farmhouse and one outbuilding on new SBL 118-1-4, which is 3. 43 acres.
Features
- Lot Desc: Cleared, Corner Lot, Level, Split Possible, Tillable, Upland
- Elem. School: Round Hill Elementary School
- Middle School: Washingtonville Middle School
- High School: Washingtonville Senior High School
- School District: Washingtonville
- MLS#: H6224241
- Days on Market: 698 days
- Website: https://www.raveis.com
/prop/H6224241/23southstreet_bloominggrove_ny?source=qrflyer
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888.699.8876
Contact@raveis.com
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
23 South Street, Blooming Grove, NY, 10914
$6,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $5,200,000 | $5,200,000 | $5,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.748% | 6.396% | 6.036% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,525 | $32,017 | $43,530 |
| Total Monthly Payment | $29,650 | $32,142 | $43,655 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535