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Whether you're looking to develop as-of-right or explore potential subdivision and reconfiguration options, unlock the investment potential of this incredibly unique 15, 942 square foot (. 37 acre) corner lot in the rear of Lindenwood. Located East of Sapphire Street and West of 79th Street, this parcel features a 2, 000 square foot single family home which can either be incorporated into your transformation plans or eliminated to completely reimagine the space. 100-foot frontage and 165. 58 depth, zoned R4, which allows for multi-family, single and two family dwellings. Plenty of space on this lot for subdivision and reconfiguration. Property is well-suited for new construction, with ample space to accommodate required yard setbacks, parking, and FAR usage. The residence, located at the southwest corner of the lot, features three bedrooms and two full bathrooms. The upstairs level layout is an eat-in kitchen, open concept living-dining area, full bathroom, and two bedrooms. The walk-in level with an outside separate entrance features one more bedroom, laundry, and recreation space. The interior is dated and in need of full renovation. It is being sold "AS IS" with no appliance guarantees, although all except for the oven is in working order at the time of listing. The property is currently owner occupied. No unannounced visits please, unless you are viewing from the exterior only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,389,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $1,111,200 | $1,111,200 | $1,111,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.984% | 5.806% |
| Monthly Tax Payment | $566 | $566 | $566 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,965 | $6,573 | $9,153 |
| Total Monthly Payment | $6,656 | $7,264 | $9,844 |
* 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.