|
A rare opportunity for developers, builders, and investors to capitalize on a thoughtfully planned 28-lot subdivision in the heart of Rock Hill, New York. With preliminary subdivision approval secured and water and sewer authorizations already in place, this distinctive project offers tremendous potential in one of Sullivan County's most desirable locations. Situated on approximately 29 acres, the subdivision features generously sized homesites ranging around . 70 acres each. Water and sewer access, a premium setting among established upscale homes, and a private community atmosphere create the foundation for a highly desirable residential development. The current owner has carefully envisioned a community that includes recreational amenities, event space, a clubhouse, and pool facilities for residents. Continue with the existing concept, create a multi-generational compound, establish a wellness or lifestyle-focused residential neighborhood, or tailor the project to your own vision. Future homeowners will appreciate the unbeatable location, offering convenient access to shopping, dining, medical facilities, and major transportation routes, including NYS Route 17/I-86. Nearby attractions include the Resorts World Catskills, The Kartrite Resort & Indoor Waterpark, Monticello Motor Club, the scenic Delaware River, and Bethel Woods Center for the Arts. Outdoor enthusiasts enjoy year-round recreation, including skiing, hiking, biking, boating, fishing, lakes, breweries, cideries, and countless other attractions throughout the Sullivan County Catskills. Adding to the appeal, the road infrastructure has already been cut in, and underground utility installation is underway, helping move this exciting project closer to completion. Bring your vision and unlock the potential of this extraordinary Catskills development opportunity.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,395,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,337 | $6,691 | $9,417 |
| Total Monthly Payment | $6,462 | $6,816 | $9,542 |
* 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.