Don't miss this rare opportunity to own a beautiful almost 2. 4 acre lot nestled in the peaceful & picturesque setting in the town of Southampton. This stunning parcel is abutted by the " 103-acre Szczypta Conservation Farm" , which boasts gentle rolling terrain, serene surroundings, breathtaking mountain views, the prefect backdrop for your dream home or country retreat. THIS 1 LOT, & has 2 successful perk tests completed, making your vision for building that much closer to reality. An old BARN also sits on the land, adding rustic character and charm, which is being sold "AS IS", offering endless potential for restoration or repurposing. Enjoy the best of both worlds: privacy and space, with local conveniences, in the highly sought out "Five College Area. " The property has been surveyed and the wetland delineation complete. See attached surveys and wetland maps, and bring your dream home to this deeply rooted valley, which was once a dairy, tobacco, hay and vegetable farm.
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Our Executive Mortgage Banker:
Our Insurance Division:
$149,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $119,920 | $119,920 | $119,920 |
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 | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $748 | $788 | $1,004 |
Total Monthly Payment | $823 | $863 | $1,079 |
* 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.