Welcome to Groveland Farms Retreat, where the canvas of nature awaits your imagination. Nestled on 2. 5 acres of picturesque land, this property offers boundless opportunities for creating your dream sanctuary. With no HOA or deed restrictions, the possibilities are endless. Whether you envision a cozy homestead, a home with a farm, this blank slate is ready to accommodate your vision.
Features:
Tranquil Setting: Embrace the serenity of rural living amidst lush greenery and tranquil surroundings. The property's expansive 2. 5 acres provide ample space for privacy and peaceful enjoyment.
Diverse Terrain: Explore the diversity of the landscape, with 1. 37 acres of high and dry land offering ideal building sites for your residence or structures, while 1. 10 acres of wetland add character and ecological richness to the property. The seller has initiated efforts to dry up parts of the wetland, offering potential for further customization (survey required).
Customization Potential: Let your creativity soar as you design your personalized oasis. Whether you aspire to build a custom home, erect outbuildings for storage or workshops, or cultivate gardens and green spaces, the absence of restrictive covenants allows for unrestricted customization.
Lifestyle Opportunities: Envision a lifestyle that embraces outdoor recreation and rural pursuits. With ample acreage, bring your beloved animals to roam freely or indulge in recreational activities such as gardening, off-road adventures, or equestrian pursuits.
Investment Potential: Capitalize on the investment potential of this unique property. As urban areas expand and demand for rural retreats grows, properties like Groveland Farms Retreat offer both residential and recreational value, making it an attractive long-term investment.
Bring your blueprints and imagination to life on this canvas of possibilities. Whether you're seeking a peaceful retreat, a hobby farm, or a weekend getaway, Groveland Farms Retreat offers the space, freedom, and potential to realize your dreams. Seize this opportunity to craft your idyllic haven in the heart of nature.
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Our Executive Mortgage Banker:
Our Insurance Division:
$149,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $119,920 | $119,920 | $119,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $818 | $797 | $1,028 |
Total Monthly Payment | $893 | $872 | $1,103 |
* 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.