Ready to live at your own private airport? This quaint 2-bedroom hangar home sits on approx. 55 acres with a 2200 ft by 40 ft paved and lighted runway. This property includes two additional 40x40 ft single aircraft hangers (one heated), One 30x40 ft hangar with a new concrete floor, one 30x40 ft open hangar, and one 60x60 ft 4-bay hangar. This property also includes an FBO/ Aviation learning center w/room for a potential pilot's guest house and a 4, 000-gallon above-ground fuel tank and pump for 100LL. The home has 1, 560 sq ft of living space of which 1, 020 is on the main floor with 2 full baths and 540 is a loft/primary bedroom. The attached heated hangar is approx. 3, 850 sq ft which will accommodate up to 4 aircraft with additional space for maintenance. The hangar also includes a 1/2 bath & approx. 2, 150 sq ft of workshop and cold storage. The home & hangar have a new roof (2019), the home has vinyl siding (2019), septic (2022), & a new well in 2016. The home has propane heat/ hot water, and the hangar heat is oil-fired. . The main taxiway, ramp, and fueling area were paved in 2020. There are ten tie-downs of which Five are grass and five were newly paved in 2020. Aviation enthusiasts will enjoy the AMA chartered RC Flyers Model Club with its beautiful 400x40 ft grass runway, pavilion, firepit, & clubhouse. This amazing private airport has huge potential for growth with additional hangars or even a fly-in community along with solar potential. - Commercial MLS#170532557 Taxes on MLS only include partial buildings. One tenant pays taxes on their own property. Rent roll and expenses will be provided to buyers.
Type | Level |
---|---|
Bedroom 1 | Upper |
Kitchen | Main |
Living Room | Main |
Primary BR Suite | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $1,720,000 | $1,720,000 | $1,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $275 | $275 | $275 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,451 | $11,299 | $15,101 |
Total Monthly Payment | $10,851 | $11,699 | $15,501 |
* 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.