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Beautiful 6+- acres of land for sale in the desirable Timber Lake Estates, Yulan, NY. It is a forest, with a mixed of pine and hard wood trees. It is also a rough cut driveway on the property, leading to a semi cleared spot for a house and a possible smaller pond. It is a year around spring running through the property. The community has a 26 acre non motor boat lake, a gate with cameras, and snow plowing through the winter. Close to restaurants, shopping, Bethel Woods for concerts, skiing, casino, public transportation. About 2. 5 hours car drive from the Washington Bridge. Seller is a builder, and he is willing to build buyer whenever buyer wants after buyers plans. Seller to give 20K credit in case of building a house with him, and also guaranteed price match any other licensed contractor. Adjoining 7+- acres of land also for sale a brand new 4 bedroom house on it. Possible to own 13+- acres of a land in the beautiful Catskills!
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Our Executive Mortgage Banker:
Our Insurance Division:
$40,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $32,000 | $32,000 | $32,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $200 | $210 | $268 |
Total Monthly Payment | $275 | $285 | $343 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.