Calling all investors, developers, and visionaries - this is the opportunity that you've been waiting for! Spread across four build-ready acres, this property has the potential to be split into four separate 1-acre parcels, perfect for developing a mini-community or exclusive custom homes. (This is just one of the possibilities for the land to be split up) Imagine each acre transformed into a beautiful residence with space to breathe and dream! OR build the home of your Pinterest boards on the four acres and keep the surrounding land all for yourself!! With county utilities conveniently located just a few feet away, you're not only saving time, but also setting yourself up for a seamless build process. This is more than land; it's a canvas with endless potential for high return or investment. If you're looking to create something exceptional and profitable, reach out today and let's turn these 4 acres into a legacy!
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Our Executive Mortgage Banker:
Our Insurance Division:
$172,550
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $138,040 | $138,040 | $138,040 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $930 | $917 | $1,164 |
Total Monthly Payment | $1,005 | $992 | $1,239 |
* 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.