Looking for a house to make a home with your own personal wall colors and flooring with some TLC this . 83-acre lot is in a picturesque country setting. This home is ready for someone to add personal touches and transform this space into the beautiful home it once was. There is a 2-story vaulted ceiling in the living area that showcases the open-concept living area, allowing natural light to flood in and highlight this space. Bathroom updates will create a personal feel for both relaxation and entertainment. The primary bedroom and ensuite bathroom are located upstairs with another bedroom and a spacious loft that would make a great office or family room overlooking the living room down below. The loft can be converted into a 4th bedroom. The 3rd bedroom is on the main floor with the guest bathroom and laundry room. A covered side porch gives this home some rustic charm paired with the stonework on the exterior walls and this large covered 10 x 24 porch. This property has much potential to be a dream come true for those seeking land with NO HOA. Here, you can truly embrace country living, complete with ample outdoor space for gardening, playing, or host summer barbecues under the stars enjoying nature. With a large metal building/ WORKSHOP of almost 1, 200 square feet and plenty of room provides endless possibilities. Estimated repairs are at $35k with an ARV of $495k so even an investor can jump in on this deal!! All sizes are approximate. Being sold as-is.
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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 | $276,000 | $276,000 | $276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $265 | $265 | $265 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,836 | $1,836 | $2,348 |
Total Monthly Payment | $2,176 | $2,176 | $2,688 |
* 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.