Presented byHelene Palella |
So much opportunity here! 13 Acres backs to 38 acres owned by the Regina Laudis Abbey. Feasibility study done & attached. Shows two potential choices. Keep the 3 BR house - (rebuilt and added onto in 2013)- on 2. 38 acres and subdivide w 2 large additional 5 acre lots, this leaves 4 acres of open space or keep the house on 7. 79 acres and create an 8. 5 acre lot. OR keep it all with the house for a family compound! Live in home while building your dream house then keep this home as a rental ? Keep it all as one and use the 13 acres for animals, quads, or hunting? Small pond on property, some trails established for quads/dirt bikes. Lot's of options here. Drive thru Flanders Nature Center preserve over Cowles Road for a really beautiful ride home. This one of the few rural dirt roads left in town, (this end is paved) peaceful, nature filled location, yet close to Woodbury and Bethlehem town centers. Barn structure is unsure - please do not enter top floor - you can open door and look inside. Def needs a roof. Lower level has stone foundation and was used more recently to house goats. Appears sound. Subdivision not completed, only feasibility. Tenant will vacate and clear all his belongings off the property asap. In progress now.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Dining Room | Main |
Living Room | Main |
Office | Main |
Primary Bedroom | Upper |
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REALTOR
William Raveis Real Estate
Phone: 860.488.4577
Helene.Palella@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $618 | $618 | $618 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,310 | $3,185 | $4,109 |
Total Monthly Payment | $4,020 | $3,895 | $4,819 |
* 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.