1690 Amazon Road, Mohegan Lake, NY, 10547 | $199,999

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!

Features

  • Lot Desc: Level, Near Golf Course, Near Public Transit, Near School, Near Shops, Views, Wooded
  • Elem. School: Lincoln Titus Elementary School
  • Middle School: Lakeland-Copper Beech Middle Sch
  • High School: Lakeland High School
  • School District: Lakeland
  • MLS#: 955237
  • Days on Market: 18 days
  • Website: https://www.raveis.com
    /prop/955237/1690amazonroad_moheganlake_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker Realty   Phone: 914-245-3400

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

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516.739.7731

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1690 Amazon Road, Mohegan Lake, NY, 10547

$199,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $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.