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Presented by
Lee Brown |
Attention Developers and Investors A rare opportunity in the heart of the Village of Monticello—17. 28 acres with municipal water and sewer already in place. Located between Exits 104 and 105A, this property offers exceptional access to Route 17 and is within walking distance to village amenities, shops, and services. Zoned and ideally suited for residential development, the site can accommodate garden apartments, townhomes, or a mixed-style housing community. Acreage offering natural woodland, potential park space, and internal road layout due to existing wetlands. A driveway is already in place for access. Recent engineering concepts include a 34-unit plan featuring 24 townhouses and a 10-unit apartment-style building on 5 + acres and available to qualified buyers upon an accepted offer. Plans can be changed to your needs and type of the development you would choose. Additional adjoining land is also available on the neighboring road, near the Shortline bus terminal, providing expansion potential. Located just minutes from major shopping, transportation, and premier Sullivan County attractions including Resorts World Catskills, The Kartrite Indoor Waterpark, Monticello Motor Club, and Bethel Woods Center for the Arts. A strategic, well-positioned development site in a rapidly growing area—ideal for your next residential project.
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:
$995,000
Sales Associate
William Raveis Real Estate
Phone: 203.921.6006
Lee.Brown@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
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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 | $796,000 | $796,000 | $796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,520 | $4,901 | $6,717 |
| Total Monthly Payment | $4,612 | $4,993 | $6,809 |
* 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.