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Sandy River West Tract presents a rare opportunity to own over +/- 639 acres of contiguous timberland and recreational property. Conveniently located just over an hour from both Charlotte, North Carolina and Columbia, South Carolina, this property lies just east of the Broad River. Finally, the parcel is located a mile north of Highway 72, providing access to Interstates 77 and 26. +/- 4, 700 feet of paved road frontage along Leeds Road ensures easy access to the property. In addition, it opens up multiple entry points to a network of roads and trails that meander throughout the property. A potential estate or weekend cabin site sits just off of Leeds Road, near a fenced dove field and an established two-acre pond. Pine plantations, separated by several hardwood runs, make up the majority of the timber and offer potential future cash flow. These runs feed into Mineral Creek, situated to the north of the property, and ultimately lead to Broad River. The hardwoods provide ideal habitat for deer and turkey, making it an attractive option for hunting enthusiasts.
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Our Executive Mortgage Banker:
$2,620,884
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $2,096,707 | $2,096,707 | $2,096,707 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.349% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,236 | $12,910 | $17,693 |
| Total Monthly Payment | $12,361 | $13,035 | $17,818 |
* 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.