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Lots of possibilities on this three acre plot. Level and ready to be developed. Has a Well that can be Shared. Conveniently located on the corner of Rt 55 and Flower Avenue, Kauneonga Lake. This property will connect to the Town of Bethel public sewer. Walking distance to White Lake's "restaurant row", the public boat launch and farmers markets. White Lake Brook runs quietly along one side of the property. There used to be several cottages on the property many years ago and there are only two remaining - all structures are in poor shape and uninhabitable. Seller makes no representation of any utilities, water or sewer connections. Town of Bethel code is RS = Residential Settlement District. Permitted Usage could be: One Family homes, Two-Family homes or even a Bed-and-Breakfast on either 1/2 or one acre minimum. Site plan approval required by the Town Building Department. Potential Buyer should do their own due diligence for any project intended.
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Our Executive Mortgage Banker:
$119,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $95,200 | $95,200 | $95,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $570 | $601 | $784 |
| Total Monthly Payment | $645 | $676 | $859 |
* 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.