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***Exceptional Home with Expansive Storage & Workshop Space - easily convertible to a 5-bedroom - offered BELOW APPRAISED VALUE*** An appraisal is available upon request, showing that the home recently appraised for 515k. This unique property is a dream for contractors, landscapers, woodworkers, hobbyists, or anyone in need of extensive private storage. Situated on 0. 69 acres, the property boasts two large industrial buildings/workshops at the rear, offering 865 sq. ft. and 997 sq. ft. of enclosed workspace, plus an additional 419 sq. ft. of covered open storage—perfect for equipment, mechanical parts, or specialized collections. The work buildings are powered by 200 amp service. There is also a separate dedicated septic tank and hookup for an RV, along with 50 amp RV service. For a detailed layout, please refer to the attached property sketch. The well-maintained home, lovingly cared for by its owner for over 30 years, reflects quality craftsmanship and attention to detail. It features three bedrooms and a spacious 25' x 11' bonus room, which could be easily divided into two separate rooms—ideal for an office, playroom, additional living space, or possibly converting into a 5 bedroom home! Step outside to the expansive backyard and enjoy the covered porch, perfect for entertaining or relaxing. A charming paved walkway meanders through the shaded yard, offering ample space for gardening, beekeeping, or even raising chickens. At the rear of the property, two industrial-grade workshop buildings rest on a solid concrete slab, providing durable and versatile storage or workspace solutions. Plus, with no neighbors behind you, the property backs up to a soccer field for added privacy. Additional highlights include a newer roof, installed in 2023. The current homeowner, a skilled independent contractor, is also willing to assist with any projects that the buyer may be interested in. This rare find offers limitless potential—schedule your showing today! All measurements are estimates, and should be independently verified.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $460 | $460 | $460 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,490 | $2,622 | $3,315 |
Total Monthly Payment | $3,025 | $3,157 | $3,850 |
* 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.