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Have you been dreaming of your own private land sanctuary? Welcome to Moyer Rd in Sprakers NY. Pristine 61 Acres for sale in Sprakers Primarily Bordered by Lasher Creek with Road Frontage on Two Roads. While this property has over 200 Feet of Frontage on Route 162 its primary access point is a 45' wide strip of land from Moyer Rd. This land was successfully subdivided from a larger 70-Acre tract of land which included a large house and outbuildings. Taxes are estimated. Further subdivision may be possible. Locally, the surrounding landscape is characterized by undeveloped forestland, some residential nearby and surrounding, but mostly agriculture. Mixed with meadows, with good potential building sites to construct a home or to build a camp, and overgrown fields once farmed decades ago with a good mix of hardwoods and pine forests that transition towards the more than two thousand feet of creek frontage on the Northwest perimeter. The property would be good quail habitat if introduced and currently supports a healthy amount of whitetail deer and turkey. This property would be a good match for a hunt club looking for land to base out of. This property has not been logged. Soils are mostly well drained and productive, as indicated by the tall, high quality trees that grow on the land. The species composition is made up of oak, maple, birch, hickory, black cherry, white ash, and American Beech. Immediate income opportunity is available from forest thinning or future value can be stored on the stump allowing the forest to continue to store additional asset value. Terrain is variable and easily walkable with the northwestern perimeter providing some wonderful views of the creekscape and waterfalls with steep slopes toward the creek bottom. This parcel is situated just Southeast on Route 162 of downtown Canajoharie (7 Minutes) for shopping and dining opportunities, Northwest of Albany the states capital and the Capital District (30 Minutes) home of Albany International Airport, and 3 Hours from NYC. Although there is 200’ of Road Frontage on Route 162, the property is best centrally accessed by the 45’ Trail along the hedgerow that meets Moyer Road, a well plowed municipal road with electric at the street. Please note that this 45’ strip of land does not appear on the tax map, or popular apps like OnX, but does exist and conveys with all 61+/- Acres.
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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 | $140,000 | $140,000 | $140,000 |
| 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% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $817 | $851 | $1,135 |
| Total Monthly Payment | $892 | $926 | $1,210 |
* 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.