Come see this wooded and very unique 31. 80 acre property today! The large portion of the acreage has 550 feet of highway frontage on the busy state road Highway 40! Directly across the road of the large piece, a . 82 acre piece also has its own 391 feet of highway frontage on Hwy 40. If you look on the plat map in the pictures, you will see there IS MATCHING B-2 LAND USE WHERE IT FRONTS ON HWY 40 FOR POTENTIAL BUSINESSES TO USE! The property does have a pond in the middle area per aerial map. There is an old 1925 Cracker House style home on the property along with an old barn. Septic and well are stated to be on the property, but the owners are not aware of their working condition. The back side and the left sides of the property also front on paved streets and is across from East Marion Elementary School. Mostly nice high and dry land besides the small pond area. This would be ideal location to build your business on or a dream home. Great location, closing to shopping. Enjoy all the breathtaking Oak, Palm, Magnolia and many other beautiful tress on this gorgeous property. Make an offer today!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,151 | $2,097 | $2,692 |
Total Monthly Payment | $2,226 | $2,172 | $2,767 |
* 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.