Presented byBonnie Golub |
If you have yet to find the home of your dreams. . . build it! This 2. 56-acre lot in beloved Durham will invite you to do exactly that. Imagine having an open, large backyard with your own garden, play area, or space for entertaining; this lot can accommodate anything you can dream of. Due to thoughtful pre-planning by the current owner, we have a house design available that incorporates a walkout lower level with full-size sliders to create a perfect EDU for rental income or to enjoy any of your hobbies. All the hard work has been completed for you, including the septic design, driveway in place, and super "eco-friendly culvert" designed to allow safe passage for wildlife, which is already in place. Your home will sit at the top of the lot and have a place for a dreamy farmer's porch and a direct entry garage with a level floor plan if desired. Its location is quiet enough for the peaceful living you've dreamed of while still close enough to downtown Durham, Dover, and Newmarket. Easy access to shopping, dining, highways, and enough nature and privacy to satisfy outdoor hobbies. Come walk the lot, and don't wait to start planning your dream home! There is no builder tie-in, but if you are looking for an expert, we have a great builder to help create your perfect custom dream home! Assisted showings required.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.645.5999
Bonnie.Golub@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,637 | $1,616 | $2,057 |
Total Monthly Payment | $1,712 | $1,691 | $2,132 |
* 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.