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25 Acres with 1, 800 Ft. Road Frontage – Investment & Subdivision Potential in the Town of Newburgh! A rare opportunity awaits with this expansive 25-acres - 2 parcel to be sold together offering subdivision, investment and multiple use possibilities in a prime Town of Newburgh location. Situated close to major highways, mass transportation, Metro North Train and Stewart International Airport, this property combines exceptional access with a private, scenic setting. The main residence, built in 1880, is a charming hilltop home with 3 -5 bedrooms, 3 baths, and the potential for additional living space in the spacious attic. Mature trees surround the property, creating a peaceful backdrop, while several outbuildings add tremendous value: a 4-car tandem garage, barn, and a 2, 400 square foot building offering 16-foot doors—perfect for equipment, storage, or workshop use. With R3 zoning, the possibilities are endless—residential development, multi-family housing, or continued use as a private estate (verify all uses with the town). The generous 1, 800 feet of road frontage with stone walls provides flexibility for access points and subdivision layouts. Whether you’re an investor, developer, or someone seeking a large homestead with room for expansion, this property offers an unmatched combination of location, acreage, and potential. Bring your vision—opportunities like this in the Town of Newburgh are rare!
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Our Executive Mortgage Banker:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,615 | $1,615 | $1,615 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,813 | $7,291 | $10,126 |
| Total Monthly Payment | $8,553 | $9,031 | $11,866 |
* 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.