This land is beautiful. Family owned for many years with fruit trees that bloom without aide every year. Lots of frontage. Level lot, and the house definitely need work but not a total rehab. Close to everything. Including the Target and Walmart Plaza. Highways. Restaurant and new ones being built. Property in its days was commercial zoning. But the area has now been down zoned to MR 30 a Multi Residential use. Perfect for Multiple Townhouses perhaps with proper permits up to 5+ 1500sq ft. units. Going for big money now. Owner is a wonderful person and is available for any questions that need answering. Owner does understand the permits needing to be applied for etc. and is willing to be fair with cooperating. Diamond in the rough! Current house has good bones. House needs major. repairs. Price has wiggle room. Here to help any developer willing to take the plunge . Cranberry Highway might have town sewer. Townhouses are built around the entire area.
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,200 | $359,200 | $359,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,360 | $2,387 | $3,029 |
Total Monthly Payment | $2,435 | $2,462 | $3,104 |
* 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.