PRICE IMPROVEMENT!! Gorgeous 17. 8-acre parcel of land presents an enticing opportunity for those seeking to create their dream home or establish a working farm amidst serene natural surroundings. The property boasts a picturesque spring-fed pond, offering a tranquil setting for relaxation and enjoyment of nature's beauty. With its cleared terrain, the parcel is ready for development, whether as a private retreat, a family compound, or a working farm. The potential of this land is further enhanced by its versatility. It can be subdivided into five 2. 5-acre homesites, providing flexibility for various uses or for multiple families to share the space. The property is characterized by its high and dry elevation, partially fenced boundaries, and majestic oak trees scattered throughout. With agricultural zoning, the property offers ample opportunities for agricultural pursuits, such as raising livestock or cultivating crops. Additionally, the presence of a power pole and an older septic system towards the rear of the property adds practicality and convenience for potential development. Despite its secluded rural setting, this parcel offers the convenience of being situated on a paved road, providing easy access to amenities, shopping, and major transportation routes like I-75. Whether you envision a peaceful retreat or a productive agricultural endeavor, this property promises endless possibilities and the chance to embrace the privacy and tranquility of country living while still remaining close to urban conveniences.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,269 | $3,185 | $4,109 |
Total Monthly Payment | $3,361 | $3,277 | $4,201 |
* 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.