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This incredible property is available till October 31, 2025. The owners are building a new home on this land after our plans and permitting are complete Ranch style home has 3 BR and 2 BA and is a spacious 2300 sf. It has a nice kitchen, separate dining room, huge living area and a large family room viewing the pool and river. The ranch home has a large garage converted to a room the owners use as storage. Also on the land, is a stone house toward the river. The owners will use this occasionally - this unit is not part of the rental. The 4th BR and bath are located in the pool house w/in the huge screen enclosure that has a junior olympic swimming pool! Tenants have use of beautiful acreage including the seawall and river. There is no dock yet. Bring the kayak and canoes to enjoy the river but beware, there is not a cut out to get down to the river - enter and enjoy at your own risk. Permitting is in process so construction may begin on the dock during the leasing term. Also this entire area of "Wellswood" has a lot of peacocks roaming around - owner takes no responsibility for the peacocks or their actions. We do not own them or feed them.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,200 | $3,200 | $3,200 |
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 | 7.019% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $20 | $21 | $27 |
Total Monthly Payment | $95 | $96 | $102 |
* 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.