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Tucked away on a quiet, unassuming stretch of Lincoln Terrace sits a trio of parcels—1337, 1339, and 1341—that whisper possibility to those who know how to listen. They’re more than just 0. 3467 acres of residentially zoned land; they’re a clean slate in a town where the rhythm of development and the pulse of community beat in harmony. For decades, these lots stood quietly beneath the canopy of old-growth trees, watching the neighborhood evolve around them. At one time, a modest home stood on one of the parcels—a cozy cape-style place with peeling white paint and a garden lovingly tended by a woman named Mrs. Dorsey. Long gone now, both the house and its gardener, the land remains. The outlines of a stone walkway peek through the soil after every heavy rain. Locals say in early spring, daffodils still push their way up from where the garden used to be. Now, all three parcels are being offered together, a rare package deal priced at just $60, 000. For some, that number might raise an eyebrow. For others, it's a blinking neon sign that reads: opportunity. From a practical standpoint, the lots offer flexibility. Whether for a savvy builder hoping to construct a single spacious residence, or an investor aiming to maximize the footprint with a cluster of charming cottages (subject to local zoning approvals, of course), the potential is real. Municipal water access runs nearby, and the road is maintained year-round, making access a breeze. The lots are lightly wooded, gently sloped, and kissed by morning light from the east. There’s no mistaking it: the land is buildable, beautiful, and quietly waiting. But there's something else about these parcels—something more intangible. Standing on the middle lot, the world quiets. You hear the soft rustle of leaves in the breeze and maybe, if you're lucky, the far-off sound of a dog barking or a child laughing. The neighborhood isn’t bustling; it’s steady. It's the kind of street where neighbors still wave from porches and mailboxes are decorated for the holidays. A few lots down, there's a tire swing that’s been in place so long, the tree limb it hangs from has started to curve upward in response. Developers have looked, and walked, and measured. Dreamers have stood on the property and imagined driveways winding through pine and oak. One local artist even set up an easel one morning, drawn in by the light and the stillness. And each time, someone new finds something different in the soil, in the air—something that can’t quite be put into words. That’s the magic of 1337, 1339, and 1341 Lincoln Terrace. They don’t just offer land. They offer a blank page at the edge of town—an open invitation to create something lasting. Whether it becomes the site of a single dream home tucked behind evergreens, or three smaller dwellings forming a quiet compound for extended family or income generation, it’s ready. And perhaps that’s why these three parcels are best sold together: because like the stories they’ve quietly gathered over the years, they’re meant to be experienced as one. A package deal—for the right buyer with the right vision.
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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 | $48,000 | $48,000 | $48,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $296 | $315 | $399 |
Total Monthly Payment | $371 | $390 | $474 |
* 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.