Located in tranquil Stillwater Township, this 7. 71Acre lot offers the ultimate in privacy. Perfectly suited for a "Cabin in the Woods" retreat or year round living in your own custom designed home. Backed by state land & farmland assessed with forestry stewardship this lot has an approx. 600 ft driveway in place which meanders through the woods to the cleared building site. Previous perc test had passed and DEP approved site plan & original LOI was completed to install driveway over small brook. The expired docs are available for background information only and would need to be redone and updated. This property is the clear choice to enjoy peaceful country living along the natural beauty and wildlife that abounds. Enjoy the recreational activities nearby so you may live and relax in the way you always have imagined. Stillwater Elementary & Kittatinny Regional are award winning schools. Do not walk property without an appointment.
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William Raveis Real Estate
Phone: 888.699.8876
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $111,920 | $111,920 | $111,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.625% | 7.375% | 6.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.157% | 7.548% | 6.760% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $792 | $773 | $974 |
Total Monthly Payment | $867 | $848 | $1,049 |
* 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.