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One or more photo(s) has been virtually staged. Not often does home with this much opportunity and potential come on the market. This home built in 2000 has 3 bedrooms and 2 baths with just over 2100 sq ft of living space. That is not all. It sits on a quiet and peaceful 1. 21-acre lot with a small pond in the front. The home has been recently updated and boasts open floor plan, beautiful tile floors, inside laundry, vaulted ceilings, newer roof and HVAC system and much more. NOW let's talk about the property and its uniqueness and endless possibilities. This home is zoned BOTH single-family residential (SFR) AND general commercial (CG). This flexible zoning opens up a wide range of potential for development and usage options for the investor or visionary out there. You enter the front gate to this expansive property and are greeted with the main home which is move in ready as well as a 2nd building/home which requires either renovating or demolition which can allow you to customize this building to your tastes and needs. All while increasing the value to this great property. There are also sheds and a garage that with some attention could be back in prime condition ready to house tools, cars, lawn equipment and more. The serene and peaceful feeling you get when you enter this property will make you feel like you have acquired your own private sanctuary with all the outdoor trees, pond and wildlife. Location is also prime being close to major interstates and roads but far enough away to not be bothered with the noise and traffic. Come check this property out and bring your vision and ideas to fully appreciate all the possibilities this place has to offer.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $739,920 | $739,920 | $739,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.601% |
Monthly Tax Payment | $666 | $666 | $666 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,556 | $4,738 | $6,446 |
Total Monthly Payment | $5,314 | $5,496 | $7,204 |
* 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.