Welcome to the epitome of luxurious living and investment potential in the heart of Brewster, New York! Nestled in the serene surroundings of Allview Estates, this expansive 40-acre lot is a prime canvas for your dreams to come to life. Currently approved to build four Single Family homes, but still an opportunity to build more through variance and a nearby road permit, this is your opportunity to own a piece of paradise and an incredible investment. Perfect for builders and developers with approved plans for four sub-divided single-family homes. Build your dream home and develop the remaining lots for resale or rental income. The adjacent road is permitted for construction, enhancing access and value. This generous 40-acre lot offers limitless possibilities for creating your ideal retreat. Whether you envision a sprawling family estate, a private sanctuary, or a lucrative development project, this property is your canvas. The adjacent permitted road construction enhances accessibility, ensuring a bright future for this investment. This charming city boasts a rich history, a vibrant arts scene, and easy access to New York City, making it a sought-after location for those seeking a peaceful suburban lifestyle with the convenience of city amenities. Don't miss your chance to own this remarkable 40-acre Allview Estate in Brewster, NY. Whether you're a homeowner seeking a serene escape or an investor ready to seize a golden opportunity, this property is a must-see.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,999 | $639,999 | $639,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.030% | 6.140% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,204 | $4,204 | $5,358 |
Total Monthly Payment | $4,296 | $4,296 | $5,450 |
* 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.