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HIGHWAY FRONTAGE!! LAST great parcel along busy RT 495!! LOCATION - LOCATION - LOCATION! 2. 28 acres! Highway VISIBILITY! This parcel includes a 5, 694 sq ft building presently being used as a candy/ice cream retail shop. Business established in 1937. Production in lower level w/garage/loading area. 1st floor retail and top floor being used as an apartment. Located right off exit Rt 117 at a signalized intersection along busy Rt 117 and the ON/OFF ramp of Rt 495. 4. 5 +/- acres with frontage on Rt 117 & Sugar Rd. and 2. 9 acres across highway behind cemetery. Open land is zoned Mixed Use - Prim Commercial & Residential. A sampling of uses that are allowed w/in this zone incl business & professional offices, banks, various research, medical & laboratory services. Other uses allowed by special permit. 24 seats approved with potential to expand! 30 SF detached condos are across the street. Private water & septic. CONCEPTUAL PLAN for a boutique hotel & cafe w/purchase of additional land purchase.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,300,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,840,000 | $1,840,000 | $1,840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.689% |
| Monthly Tax Payment | $1,031 | $1,031 | $1,031 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,161 | $10,884 | $15,157 |
| Total Monthly Payment | $11,317 | $12,040 | $16,313 |
* 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.