Welcome to Dickinson's Gardens! A hidden away, 7-acre parcel of land! There are currently 4 large tax lots in this sale and they may be subdivided into 5000 SF building lots for single family houses. 3 lots on Dickinson Ave and one lot located at 2 Rose Hill Ter. Dickinson Ave is mostly an unimproved St and once developed, it can be opened up, going through to Lewis St. On Lewis you will see curbing as to where the street will open. The zoning is S50, which means, min. requirements are 50 frontage and 5000 SF per lot. Engineer has proposed that 47 building lots can be established, as of right. Seller offers no guarantees. Subdivide as you see fit. Great opportunity to build a new development in Yonkers. Possible Townhouse Development, cluster housing, with applications to the Yonkers Planning Board. Area is close to Saw Mill Pkwy, St John's Hospital, New Boyce Thompson Center and Untermeyer Park and Gardens. Survey and sewer maps are available. Sewers at each end of Dickinson Ave. No subdivision process has been started. Owner financing might be available for qualified persons with 1 mil down payment. They aren't making any more land, don't miss your chance! Additional Information: SoilType: Unknown, CurrentUses: Single Family,
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,679 | $17,013 | $23,064 |
Total Monthly Payment | $15,804 | $17,138 | $23,189 |
* 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.