223+ Acre Equestrian Estate with Endless Potential An incredible opportunity for those seeking vast land and equestrian facilities. This 223+ acre estate features approximately 25 acres of open fields, ideal for grazing or other agricultural use. The property includes a well-equipped 17-stall horse barn with a hot and cold wash room, tack room, and a 100x200 outdoor riding arena-perfect for training and riding. In addition, the estate includes a small pond and a cozy 1, 125 sq. ft. home with 2 bedrooms and 1 bath. The home is equipped with modern conveniences, including a glass-top stove, stainless steel refrigerator, and a brand new super capacity washer & dryer. While the property holds tremendous potential, it does require some TLC to restore it to its full glory. One of the barns on the property is in need of attention and repair. For those looking to invest in a unique and expansive property with plenty of possibilities, this estate provides the space and foundation to create something truly special.
Type | Level |
---|---|
Bedroom 1 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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 | $708,000 | $708,000 | $708,000 |
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 | $417 | $417 | $417 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,132 | $4,475 | $5,975 |
Total Monthly Payment | $4,641 | $4,984 | $6,484 |
* 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.