Spectacular large private acreage located just East of Downsville near Pepacton Reservoir. This 340+ acre holding has been held privately for decades and the current owners have decided to offer it to a new generation to enjoy the mountainous getaway. Located on either side of Huntley Hollow Road, the property rises nearly 900’ on the Eastern side just shy of the summit of Conklin Hill, and just shy of 600’ on the western side of the road. Both sides boast trails and ample hiking and hunting opportunities. Small cottage sites provide an ideal setting for a new camp or year-round home location. Fish for trout in the nearly 1, 700’ of frontage on the brook, or spend days fishing for trophy Trout at the Reservoir, which is located 1, 500’ from the property. Choice hunting and year-round recreational opportunities await you on this wonderful offering. Come experience what this tranquil property has to offer! Additional Information: WaterDescription: Seasonal,
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
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 | $4,042 | $3,988 | $5,060 |
Total Monthly Payment | $4,134 | $4,080 | $5,152 |
* 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.