This remarkable 16. 9-acre property. . (2 separate parcels being sold together only)( MLS #O6263853) offers the perfect balance of space, serenity, and investment potential. Located along 560 feet of prime Highway 60 frontage, the land ensures excellent visibility and access, making it ideal for a variety of uses. The property features a block home, ready for you to restore and perfect as a starting point for your vision. A peaceful, small lake adds to the tranquility of the setting, offering a scenic focal point and the potential for outdoor recreation. PLEASE NOTE THERE ARE 2 DIFFERENT PARCELS INCLUDED! (MLS# O6263853 )(O6263139 )
Whether you are looking for an exceptional investment opportunity or seeking to create your own private oasis, this property has endless possibilities. The expansive acreage provides ample space for future development, agricultural ventures, or the perfect retreat. With its prime location, and ample potential, this land is ready to be transformed into whatever you dream. Don't miss out on this unique opportunity with endless potential.
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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 | $591,200 | $591,200 | $591,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,835 | $3,786 | $4,909 |
Total Monthly Payment | $3,927 | $3,878 | $5,001 |
* 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.