Presented byThe One Team |
Approximately 46. 5 residential acres consisting of 2 parcels on the edge of New Port Richey in an area of heavy growth where 4-lane Ridge Rd has now been extended further east to freeway connection for direct Tampa access, and Moon Lake Rd widening is also slated to come. Fenced frontage with security gate. One of just a few remaining parcels this large in the area. Next to a private airport, Lowes, Home Depot, banks, restaurants, county govt center, retail and office space. Ridge Road's new commuter convenience should add desirability and value to area homebuilding. Adjoining 650 acres of preserves, this property offers seclusion with riding trails, deer, turkey, hog and natural habitat. Suitable for premium homesites. However, Pasco Dev. Review board has indicated that rezoning to higher density like MPUD or multifamily is feasible. Property is now accessed from the north off Royal Palm Ave. Public utilities are available nearby. WARNING: This is hunting ground. Owners present. Do not enter unannounced without appointment.
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$1,799,000
Sales Associates
William Raveis Real Estate
Phone: 860.850.0500
OneandCompany@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,439,200 | $1,439,200 | $1,439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,696 | $9,455 | $12,736 |
Total Monthly Payment | $9,821 | $9,580 | $12,861 |
* 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.