Reed Road Farm presents a unique development opportunity spanning approximately 164 acres across three parcels located in the prestigious Westchester County. This substantial land assembly features varied topography, with extensive countryside and reservoir views from elevated ridge areas along Route 22. Recent lot line adjustments have optimized the parcels for individual sale or acquisition as a complete development package. Listing is for an assemblage of 3 different lots totaling 164 acres. Within the R-1 zoning, there is strong potential for residential development with single family dwellings as a permitted use. Additional adjoining parcels are available to bring the total acreage to 232 acres in both North Salem and Southeast.
54 Reed Avenue, Croton Falls, NY, 10560
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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