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Presented by![]() Debra Meyers |
Rare opportunity to own 7 acres that are visible from Rt. 101. Two property parcels 215 Epping Road consists of 3. 02 acres and 7 Redberry Road consists of 4. 7 acres for a total of 970 road frontage on Rt. 27. Zoned Neighborhood Professional that allows Professional and medical offices, child day care, multi-use, Garden supply establishments, medical rehabilitation facilities or recreation facilities. Buyers to conduct their own due diligence with the city to determine feasibility for their use. You basically own the whole island with the exception of 1/2 acre. Over 2000 feet of road frontage around the property. Two homes one with 3 bedrooms and 2 baths the rental with one bedroom and bath above the garage. Value is the 7 acres. Make your move to set up your new establishment with great visibility from Rt. 101.
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Our Executive Mortgage Banker:
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$1,200,000
Sales Associate
William Raveis Real Estate
Phone: 716.440.2870
Debra.Meyers@raveis.com
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 |
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Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.375% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.565% | 6.475% | 6.183% |
Monthly Tax Payment | $885 | $885 | $885 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,376 | $5,989 | $8,101 |
Total Monthly Payment | $6,386 | $6,999 | $9,111 |
* 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.