(2) TWO high-yielding Plymouth cranberry bogs, a treasure for growers or the Preservation Society alike, offering valuable acreage and a desirable location. These 2 bogs comprised of 5. 86 and 2. 34 acres, using the same pond-sourced water system, are of premium value. Located in the beautiful Pine Hills region of Plymouth, they are sophistically irrigated with pop-up heads, a single pump house containing an electric lift-pump irrigation system, and a Hortau sprinkler system. The inner sourced water system derives from a scenic pond in which the first bog is perched alongside, with an integrated canal system to source the second bog. These bogs were completely renovated in 2012 with the utmost desirable variety of cranberries, propagated Mullica Queen plugs licensed by Rutgers rooted stolons. Over a five-year average, the historic production for these particular bogs is 330 bbls/acre, which supersedes the state historic production of only 156 bbls/acre for average bogs.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $820,000 | $820,000 | $820,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,785 | $5,183 | $6,920 |
Total Monthly Payment | $4,910 | $5,308 | $7,045 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.