Price is lowered for a quick sale this beautiful harvest weekend. Looking for a buyer that is qualified to purchase quickly. Beautiful secluded building lot! Located on a cul de sac. Now, Imagine driving onto a private tree lined driveway, alongside historic stonewalls. As you reach the crest of the hill, the land opens up to a beautiful secluded area and brings you to the perfect building site! With the sun beaming into your backyard area in the afternoon it's the perfect location for a pool, playground or gardens! There was a stream scene early spring but with the drought it is not visible. Previous owner dug a 30x60 foundation hole with this spot specifically located to have potential second floor views of the beautiful Orange lake in back yard and mountain views of Storm King and Mount Beacon from the front. Want complete privacy?There are 60 acres behind you that go to the lake. This lot is considered in a no-fly zone! And if you've lived in Newburgh, you know how important that is, imagine NO Airplanes flying over your house or drones either! Utility service lines have been brought to a control box at the bottom of the driveway. Shovel ready lot! Perk tests already done and were approved for a four bedroom home with an in ground septic system which will save you a boatload of money! Conveniently, located in the Orange Lake district of Newburgh and just a few miles from the I87/I84 intersection. You would be moments to Stewart Airport and/or be able to stroll along the waterfront and dine in the restaurants.
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Our Executive Mortgage Banker:
Our Insurance Division:
$157,500
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 | $126,000 | $126,000 | $126,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $696 | $755 | $1,013 |
| Total Monthly Payment | $771 | $830 | $1,088 |
* 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.