Don’t miss this beautiful property in a great location! Zoned for the highly desired, exceptional Woodruff schools. Experience small-town neighborliness situated in an excellent location with proximity and connectivity to the new (under construction) BMW e-plant, recently revitalized Downtown Spartanburg, BMW Manufacturing, and GSP. Minutes from I-26 and less than 10 minutes to Downtown Woodruff, this property offers peaceful serenity and excellent proximity to everything! No HOA, no restrictions, farm and domestic animals are welcome. Property features walking /horse / ATV trails, level topography and some trees. +/-92' frontage with short, scenic drive back to the property. Well suited for multiple lots or the gentleman farmer. Listed acreage is priced at $13, 700 / acre, final acreage and price to be determined by future buyer survey. Be sure to see the adjoining beautiful home situated on +/-7. 15 acres available, priced at $670, 000, MLS Listing 1541004 for complete information. This is the ideal location to build your dream home or an excellent opportunity for development.
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William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $302,167 | $302,167 | $302,167 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,010 | $2,008 | $2,548 |
Total Monthly Payment | $2,085 | $2,083 | $2,623 |
* 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.