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One or more photo(s) has been virtually staged. Pre-Construction. To be built. One or more photo(s) has been virtually staged. Pre-Construction. To be built. BARNDOMINIUM OPPORTUNITY – Corner Lot + Steel Building Package Included! Create your dream custom Barndominium on this build-ready homesite. This property includes a corner residential lot along with a pre-purchased steel building package that conveys with the sale. The steel structure package is ideal for buyers looking to build a custom residential Barndo, workshop home, or shop-house style property. The building has not yet been erected, giving the new owner flexibility to choose their contractor and personalize the floorplan, interior finishes, and overall design to match their vision. Included with the sale are fully permitted plans, survey, and the steel building package—allowing buyers to move forward faster and avoid many of the delays typically associated with planning and permitting. Please note that site work, foundation, erection of the structure, and completion of all interior improvements such as walls, kitchen, bathrooms, flooring, and finishes will be the responsibility of the buyer. Final build costs will vary based on contractor selection, design preferences, and finish-out choices. Additional documents including building specifications, plans, and package details are available. Buyer and buyer’s agent to verify all construction costs, zoning, and building requirements.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $159,200 | $159,200 | $159,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $33 | $33 | $33 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $980 | $1,005 | $1,322 |
| Total Monthly Payment | $1,087 | $1,112 | $1,429 |
* 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.