This 17 ACRE property sounds like a fantastic opportunity, whether you're looking to invest, farm, or enjoy country living building more homes for farm hands or family this is a farm friendly town to work with. This well cared for TWO FAMILY home has 5 rooms on the first floor. and 4 rooms on the second. With updates like a newer septic system, water heater, gutters, Windows, downspouts, and a 15-year-old roof, it’s well-maintained and ready for whatever plans you have in mind. Some engineering was done on the land. . All three lots are being sold at one closiing. The new owner can redesign the subdivision as another time. Showings will be by appointment only with a walk around the outside of home and a walk around the lot. If acceptable, arrangements will be made for the inside. Tenant on First Floor will be empty. Second floor tenant would consider staying and could sign with new owner. The two family can be sold separated.
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,600 | $759,600 | $759,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $445 | $445 | $445 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,254 | $4,615 | $6,257 |
Total Monthly Payment | $4,791 | $5,152 | $6,794 |
* 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.