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A truly rare opportunity to secure over two acres of prime land in the highly desirable and rapidly appreciating town of Chester. This charming property isn't just a home; it's a foundation for your future and a strategic long-term investment. Set on a sprawling 2. 1+ acre lot, this property offers the space and privacy that is simply unmatched in today's market. The current single-level structure is neat, practical, and immediately livable, boasting a recently refreshed interior and a key functional update with a new roof installed in 2001. More importantly, the property is inherently designed for growth. With ample acreage, the home presents an easy and exciting opportunity for expansion, allowing you to seamlessly double its footprint, add a master wing, or build the custom luxury features you’ve always wanted. The location is unparalleled. Situated adjacent to an established enclave of newer, high-end construction, your investment here is guaranteed to appreciate. You gain the prestige of a sought-after neighborhood without the price tag of a brand-new build. Despite the serene, private setting, you will enjoy exceptional commuter convenience. Benefit from quick, effortless access to Route 17 and all major retail and dining centers, putting everything you need just minutes away. Generous 2. 1+ Acres of usable, private land. Perfect single-level layout ideal for easy future additions. Two-Car Detached Garage providing excellent storage and utility space. Reliable Oil-Fired Heating system with an Above-Ground Tank. Seize the opportunity to purchase an acreage advantage in Chester. This property is waiting for your vision—show and sell!
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Our Executive Mortgage Banker:
Our Insurance Division:
$345,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $276,000 | $276,000 | $276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.292% | 5.628% |
| Monthly Tax Payment | $772 | $772 | $772 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,611 | $1,677 | $2,237 |
| Total Monthly Payment | $2,458 | $2,524 | $3,084 |
* 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.