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This is a rare, once-in-a-lifetime opportunity for investors! Located on quiet Helms Road—right off Round Hill Road, Route 208, and just moments from the high-traffic Clove Road—this remarkable property sits in close proximity to the Village of South Blooming Grove. Set on over 134 acres, the land features expansive open fields, a hardwood forest, existing infrastructure, and 2 high-pressure water wells. With three entrances and extensive road frontage, the property offers a potential **47 LOT** high-end subdivision development. (ask for subdivision plan) The large, open, and already-cleared areas offer significant savings on site preparation, bringing your project one step closer to construction. The beautifully maintained 8-room private residence on the property includes a modern kitchen with high-end appliances, three fully tiled bathrooms, and three bedrooms—including a versatile bedroom/office suite. Enjoy an oversized family room, a step-out porch, and a stone patio overlooking serene, natural surroundings. Additional features include a generator for emergencies and a well-kept horse barn. Ideally located near major shopping destinations—Woodbury Commons, Home Depot, Walmart, Target, Dollar Tree, Old Navy, BJ’s, and more—and only 40 miles from New York City, this property offers both convenience and privacy. Don’t miss out on this exceptional opportunity. Request the subdivision site plan and call today before it’s gone!
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$8,999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $7,199,200 | $7,199,200 | $7,199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 6.110% | 5.932% |
| Monthly Tax Payment | $3,304 | $3,304 | $3,304 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $39,199 | $43,163 | $59,783 |
| Total Monthly Payment | $42,628 | $46,592 | $63,212 |
* 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.