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Presented by
Mike Karras - Mike Karras Team |
Unique opportunity in White Sulphur Springs on 27+ acres! 1200+/- square foot workshop has been used as a woodworking manufacturing shop for many years. Generating three phase electric, you should have all the power you will need or more. Comes with many tools used for woodworking and picture frame manufacturing, along with inventory of hundreds of feet of wood molding. Heating system is oil/kerosene forced warm air and there is a shallow well and a small septic in use for convenience. Property is on two sides of the road which may allow for an easy subdivision if desired (subject to town approval). The 7+/- acres where the building is situated also had a mobile home on it, which was removed. This could be a possible homesite once again. There is approximately 20+/- acres on the other side which would also be a perfect location to build a home or use for recreational use, hunting, hiking, etc. So many possibilities with this great central location! Near to the hamlet business district of White Sulphur Springs, Village of Liberty and Rt 17 access as well as Bethel Woods Center for the Arts, area lakes, and easy accessibility to the Western Sullivan County Catskills.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$349,900
Luxury Properties Specialist
William Raveis Real Estate
Phone: 508.362.0720
Mike.Karras@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $279,920 | $279,920 | $279,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.609% |
| Monthly Tax Payment | $285 | $285 | $285 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,589 | $1,676 | $2,269 |
| Total Monthly Payment | $1,949 | $2,036 | $2,629 |
* 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.