VRAI PROVENANCE! 19. 45 OLD-VINE ACRES IN NORTHVILLE WITH MORTON BUILDING AND FARM EQUIPMENT. PRE-HARVEST PHOTOS ADDED 9/12/24, showing the life-cycle of the vineyard, dormancy to almost harvest, and what the East End Wine Country's best looks like. McCullough Vineyard, established in 1991, located within the heart and soul of the North Fork of Long Island wine appellation and ag district, meticulously planted and managed by the McCullough Family, father and son. The farm's sought-after and award-winning Bordeaux-driven composition and production includes the following varietals: Merlot, 7. 53 acres, planted 1993, 1994, 2000, 2001; Petite Verdot, 1. 05 acres, planted 2001, 2015; Malbec, 1. 08 acres, planted 2001, 2015; Chardonnay, 4. 08 acres, planted 1994, 1995; Cabernet Franc, 1. 83 acres, planted 2000, 2015 and since terroir permits, Cabernet Sauvignon, . 50 acre, planted 2001. Built in 1993, the Morton Building's entire perimeter is 45 x 72 sf; the finished and insulated "side" is 45 x 30 sf; the unfinished "side" is 45 x 42 sf, shell only, dirt floor. All farm equipment and trellising materials included in sale. Note: 2023-2024 taxes with agricultural tax exemptions are $2, 118. 05.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,824 | $6,403 | $8,636 |
Total Monthly Payment | $5,949 | $6,528 | $8,761 |
* 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.