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Opportunity knocks! 25+ Park-like Acres with a Ranch style home, 86 miles to NYC. Beautiful property, peaceful setting, steep elevation, natural undisturbed raw land, wooded with a few small open areas. The home needs Total restoration or removal, it is in rough shape with extensive discoloration, mold present. Selling as is, sellers make no representation of the condition ** No one is permitted in the home or on the decks due to safety concerns. Property is best suited for an investor or a contractor, this is not a homeowner's fixer-up! The house has decent bones but needs Total gutting & restoration, will need a professional builder, this is not a handyman special. There is the possibility of a potential future sub-division, property is zoned town adjacent. A surveyor & engineer would be needed along seeking with advice & approval from the Mamakating building department. The value is in the land, you're buying the property with the added bonus of a structure you can either repair or remove. An Excellent location, 1 mile to town and conveniences, 5 miles to Hwy 17, 90 minutes to NYC. A Great Opportunity for the right person - the Price is firm! Wurtsboro is a quaint town with specialty shops, great restaurants, local artist & galleries. Close to the Basha Kill Preserve, hiking, wineries, yoga, gambling, local farmers markets and so much more! Welcome home to the Catskills, come and explore new adventures, possibilities and Enjoy Life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$200,000
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 | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | $363 | $363 | $363 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,011 | $1,078 | $1,372 |
Total Monthly Payment | $1,449 | $1,516 | $1,810 |
* 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.