|
Calling all builders! This 19. 1 acre, fully approved four lot subdivision offers a "shovel ready" opportunity for builders seeking a streamlined project in the Marlboro School District. All engineering, Board of Health approvals, septic designs, and roadway plans are complete, allowing a developer to move directly into construction without delays. The subdivision includes four well proportioned lots: Lot 1 with 4. 47 acres, Lot 2 with 2. 05 acres, Lot 3 with 2. 12 acres, and Lot 4 with 10. 7 acres, all arranged around a cul de sac design that supports a range of home styles and site plans. Further subdivision of the largest lot is possible in 3 years. The topography and lot configuration provide flexibility for builders who want to offer homes with outdoor entertaining space, walkout lower levels, or views depending on the final building design. With the groundwork already completed, this property allows a builder to focus on construction and marketing rather than navigating the approval process. This offering delivers a strong development opportunity in a desirable Hudson Valley location. With its multiple approved homesites and accessible acreage, it is well suited for builders looking to bring new construction to market efficiently and with confidence.
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:
$499,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.571% | 6.533% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,361 | $2,490 | $3,235 |
| Total Monthly Payment | $2,436 | $2,565 | $3,310 |
* 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.