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28 Martin Lane, Mongaup Valley, NY, 12762 | $899,000
28 Martin Lane is 35. 86 acres and is classified as Multi Family Dwelling but has a commercial Car Junk Yard License and a Motor Vehicle Dismantler’s license. Both are valuable and difficult to get. The buyer can either keep that license active or let it expire. This property has four structures consisting of a 4 Bedroom home, a Mobile home, a 3 bay auto garage and two barns. This property has a new commercial appraisal for $950, 000. The appraisal is uploaded onto the MLS. The zoning here is 02 which means you can build a home on 2 acres. That means you could build close to 17 homes and a few more if you bought the parcel next to it. This parcel can also be sold with MLS 6299029 a 4. 8 acre parcel of land is currently classified as auto sales. It can be used commercially or for residential use. This lot has a brand-new commercial appraisal for $410, 000. The parcel next door, 4 Martin Lane is also Auto Sales and recently sold for $415, 000 and was a much smaller lot. That lot is highlighted in yellow in the photos.
Features
- Middle School: Robert J Kaiser Middle School
- High School: Monticello High School
- School District: Monticello
- MLS#: H6298392
- Days on Market: 251 days
- Website: https://www.raveis.com
/prop/H6298392/28martinlane_mongaupvalley_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
28 Martin Lane, Mongaup Valley, NY, 12762
$899,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,197 | $4,546 | $6,069 |
| Total Monthly Payment | $4,289 | $4,638 | $6,161 |
* 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