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For Sale: Prime Development Opportunity in Elmsford, NY
We are pleased to offer a unique development opportunity in the heart of Elmsford, NY. This listing consists of three vacant lots, being sold together, providing ample space for your vision to come to life.
Property Details:
Location: Conveniently situated in Elmsford, NY, close to major highways, shopping centers, schools, and public transportation.
Lot Size: The combined lots total approximately 0. 16 acres (6, 863 sq ft), perfect for residential development.
Zoning: R5 (Single Family Residential), ideal for building single-family homes.
Utilities: All necessary utilities are readily accessible, simplifying the development process.
Key Features:
Prime Location: Located in a thriving community with strong demand for new development. Nearby amenities include parks, restaurants, and shops.
Development Potential: Ideal for builders and investors looking to create single-family homes. The neighborhood's charm and proximity to essential services make it a desirable location for future homeowners.
Accessibility: Easy access to major highways (I-287, Saw Mill River Parkway), making it convenient for commuting and attracting potential buyers. Public transportation options are also within reach.
Community: Elmsford is known for its friendly atmosphere and excellent school district, adding to the appeal for families looking to settle down in a vibrant community.
Don't miss out on this rare opportunity to develop in a sought-after area of Elmsford. Whether you're looking to build new homes or invest in residential properties, these lots offer the perfect canvas for your next venture.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,355 | $1,445 | $1,827 |
Total Monthly Payment | $1,430 | $1,520 | $1,902 |
* 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.