|
This 23. 3 acre subdividable parcel has just obtained final subdivision approval and documents have been filed. This wooded lot runs along Rabbit Run and Camp Sunset, and lends itself to multiple subdivided lots or build your dream home! Plenty of road frontage so no road needed. All lots will have driveways with road access. The area is quiet and located within walking distance to a beautiful lake view and relaxing evening strolls. The adjacemt 80+ acre parcel has been donated by humanitarian neighbors, to the town for a nature preserve to be forever green and for the enjoyment of area residents. One reason why the Hudson River Valley real estate market is so strong, is that people want OUT of NYC and the Hudson River Valley gives them the best blend of afforadability, access and lifestyle. Demand is steady, prices are firm and the drivers aren't going anywhere! Limited supply and strict zoning equal long term price pressure due to limited buildable land. This hard limits new supply, which protectes area values. This area offers scenery and culture, attracting buyers priced out of Westchester and southern Dutchess counties. The region is in a long-term demographic sweet spot, and no other region near NYC hits this mix of beauty and convenience.
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:
$290,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $232,000 | $232,000 | $232,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,336 | $1,410 | $1,880 |
| Total Monthly Payment | $1,411 | $1,485 | $1,955 |
* 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.