Build your dream home or family compound on this upper Mt. Laurel lake 45. 2 acre property. This possible multi home development site Zoned R-1 includes an additional water front lot measuring approximately 1. 6 acres. The lot may be used for beach area, community space, etc. West Milford has an abundance of lakes and woodlands. It is home to Abram S. Hewitt State Forest, Apshawa Preserve and Wawayanda State Forest. Enjoy your free time swimming, boating, fishing and hiking on this country retreat only an hour from NYC. No representation made. Buyer to do their due diligence. Do not enter property without an appointment. Directions from South on SR 287 to Skyline Dr. , Right Turn on Greenwood Lake Turnpike, Left Turn on Cutlass RD. , Right Turn on Brook. Directions From North on SR 287 to N. SR 23, Right Turn on Clinton RD. , Right Turn on Cutlass, Right Turn on Brook.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.526.7944
Marc.Laudicina@raveis.com
NMLS Mortgage Loan Originator ID 5429
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,866 | $9,580 | $12,743 |
Total Monthly Payment | $8,991 | $9,705 | $12,868 |
* 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.