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Presented by
Julie Vecchio |
Approximately 82. 83-acre vacant residential land parcel in desirable East Fishkill. Family owned for over 100 years, this undeveloped property offers a rare opportunity for a private estate, estate-style homesite, long-term land holding, or possible limited residential subdivision, subject to municipal and agency approvals. Location Highlights: • Close to the Taconic State Parkway and Route 376 • Near Gayhead Elementary School and Emmadine Pond Town Park • Convenient to local shops, services, and area amenities • Surrounded by established residential neighborhoods PROPERTY NOTES: (1) Prior feasibility information indicated potential for multiple residential lots; however, wetlands, NYSDEC requirements, engineering, and agency approvals may affect final lot count, layout, and development potential (2) Buyer to verify zoning, subdivision potential, approvals, access, utilities, wetlands, NYSDEC requirements, engineering, and intended use with the Town of East Fishkill and appropriate professionals (3) Access points are located between 87 & 89 Saddle Ridge Road and 4 & 6 Darcy Drive A unique opportunity to acquire a large residential land holding in a desirable Dutchess County location with privacy, scale, and future potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
Sales Associate
William Raveis Real Estate
Phone: 203.305.8781
Julie.Vecchio@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,870 | $3,026 | $3,979 |
| Total Monthly Payment | $2,962 | $3,118 | $4,071 |
* 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.