Snow Hill: Two contiguous parcels for a total of 193+/- acres! Zoned agricutural/conservation this is a great piece of real estate for someone looking to develop a sportsman's getaway, anyone looking to create a viable farming operation, or anyone looking for a getaway without a soul in sight. The perfect blend of open fields, early succession and mature timber stands make it an absolute wildlife sanctuary! There are trails weaving throughout the property and a peak elevation of 2100' with 360 degree view potential. A spring fed pond and small stream meander through the property as well. Located at the dead end of a maintained town road you feel far removed from it all but still very accessible with easy access to route 17. For a large land tract with such diverse land features that is all very usable, this is quite a unique piece of property. If you know anything about land, you'll want to see this one with some boots on the ground. CurrentUses: Farm,
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $583,200 | $583,200 | $583,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,880 | $3,876 | $5,000 |
Total Monthly Payment | $3,972 | $3,968 | $5,092 |
* 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.