Welcome to an exceptional opportunity to own 6. 83 acres of great AC land, ideally located in a highly sought-after area. This expansive property presents an incredible canvas for your next development venture. This land parcel offers ample space for a wide range of development possibilities. Situated in a desirable area, close to Harmony in St. Cloud. The land is zoned AC allowing for diverse usage options. Prospective buyers are encouraged to research the zoning regulations and permits required for their specific development plans. The surrounding area boasts a vibrant community and a thriving real estate market. With its sizable acreage and favorable location, this land holds significant investment potential. Whether you envision residential or mixed-use development, this property offers a solid foundation for maximizing returns on your investment. Don't miss this rare opportunity to acquire 6. 83 acres of AC land with immense potential. Whether you're an investor, developer, or looking to build your dream property, this prime piece of land provides the ideal platform for your vision. Contact us today to arrange a site visit and explore the countless possibilities this land has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,890 | $3,711 |
Total Monthly Payment | $3,019 | $2,982 | $3,803 |
* 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.