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Approved 2. 2-acre building lot located less than one mile from the Village of Warwick. This lovely, partially wooded lot offers a perfect blend of privacy from neighbors, while the level open spaces provide ample room for outdoor activities. If you’ve been searching for a home in Warwick without success, constructing your own home could be an ideal option. This beautiful lot, brimming with character, is one you won't want to overlook. Property borders the former Demarest Hill Winery. A portion of the white picket fence and landscape planters from adjoining property is on the vacant lot. Ciummo Road is common drive providing access to parcel. A recent evaluation of the septic design, including a new percolation test was performed in 2022 and certified by the engineer to the Town. Builders, seize this opportunity! You know how limited the inventory is for quality buildable lots in Warwick. Contact us now to schedule your appointment. Survey and engineering available. Warning do not trespass! Must have NYS licensed salesperson present at all times when viewing property. Be aware of icy areas when walking property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
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 | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,123 | $1,182 | $1,507 |
Total Monthly Payment | $1,198 | $1,257 | $1,582 |
* 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.