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1. 45 acres of 2 adjoining lots for sale with 280 ft of Highway 123 frontage located across from Harbor Freight and the Viking Boat Dealership. Premium location for a 6-Suite Plaza Building. The seller offers Build To Suit To National Accounts. The acreage is also offered as a Ground Lease Opportunity with a 20 year lease @ 8% increases, 1st 5 years at $ 6000 per month, 2nd 5 years at $ 6480 per month, 3rd 5 years at $ 6, 998 per month, 4th 5 years at $ 7558. A 10 year lease could be available. The DOT R/W has been purchased down to US Highway 123. Property consists of two map numbers to apply for two curb cuts. The $ 72, 000 listing price for the first years rent $ 6000 per month x 12 months =$ 72, 000. Highest traffic in Seneca. Available also, if only 1 lot is needed, can purchase the . 84 acre lot for $ 590K. Great location, close to everything ! Interested parties to verify everything of importance.
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Our Executive Mortgage Banker:
$985,000
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
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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 | $788,000 | $788,000 | $788,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,474 | $4,724 | $6,544 |
| Total Monthly Payment | $4,566 | $4,816 | $6,636 |
* 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.