Unique offering! This 9-lot subdivision can make serious developers/ builders a fortune! Package consists of two beautiful upscale modern farmhouses, one is complete and one is in progress, the original 1890’s farmhouse which has been tastefully updated, two barns, PLUS 6 shovel-ready lots. The two homes are ready to be sold immediately if you choose, or establish this community as a family compound, your own estate with guest homes and recreational opportunity, or an upscale exclusive community with amenities. This distinctive rural development is in Callicoon NY on just over 60 acres with homesites ranging from 4 to 12 acres. The sites are the perfect size to be able to garden, explore and really enjoy the beautiful country lifestyle. Each parcel is strategically situated for the best exposure, views, and privacy. Homesites are approved, shovel ready, engineered, and ready to go. This developer got involved in another project and is very willing to share the vision which was for the original farmhouse with barns and pond to be a hub for numerous amenities for the residents in the development. The SUGi Project, a global organization that conceives, plans and funds pocket forests all over the world and looks to protect biodiversity, restore ecosystems, and even better reconnect people to nature, was also consulted during the planning process. Plans and vision for creating a pocket forest can also be shared with the purchaser. Private road to interior lots is cut in and some lots offer the possibility of a walk-out basement and/ or a pond site. Underground electricity and cable are in the works. Near to area attractions including the Delaware River, Bethel Woods, breweries, cideries, dining, skiing, lakes, hiking trails, and everything the Sullivan County Catskills has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,180,000 | $3,180,000 | $3,180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,807 | $19,580 | $26,407 |
Total Monthly Payment | $17,932 | $19,705 | $26,532 |
* 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.