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Welcome to 1690 Amazon Road, located in the highly sought-after Mohegan Colony community. This prime front lot offers over ¾ of an acre and comes with Department of Health approvals in place. The seller has approvals for a 4-bedroom, 3. 5-bath modular home with direct Amazon Road frontage—an exceptional opportunity to build the home you’ve been dreaming of. Tired of competing in multiple-offer situations? Skip the stress and create your forever home exactly the way you want it. This property is situated within the Lakeland School District and offers unbeatable convenience with easy access to Route 202, Route 9A, and the Taconic State Parkway. Enjoy proximity to the Mohegan Lake Shopping District, featuring major retailers such as Walmart, Home Depot, HomeGoods, HomeSense, Best Buy, and more. Additional shopping along Route 202 includes BJ’s, Trader Joe’s, Lowe’s, and countless other options. The area also boasts a wide variety of restaurants, bars, coffee shops, bakeries, and fast-food favorites. Outdoor enthusiasts will appreciate nearby parks, hiking trails, playgrounds, golf courses, and recreational areas. An additional rear lot is also available, offering nearly 1 acre with lake views and Board of Health approvals for a 3-bedroom, 2. 5-bath modular home. An easement will provide access to the rear lot. The seller also has architectural plans available and is willing to build your custom dream home. Seller financing is available. Opportunities like this are rare—schedule your tour today before it’s gone!
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$199,999
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $159,999 | $159,999 | $159,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.545% | 5.900% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $959 | $998 | $1,318 |
| Total Monthly Payment | $1,034 | $1,073 | $1,393 |
* 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.