A once in a lifetime opportunity to own the former home of the Channel 3 Kids Camp. The property consists of a 138. 81+/- acres of land partially developed as a recreational camp and education facility. The subject is developed with a number of seasonal and year-round camp buildings and recreational facilities. The majority of the subject property is undeveloped woodland. There is over 1, 000 feet of road frontage surrounding mostly rolling terrain with manageable slopes. You'll also find over 1, 700 feet of class "A" rated river flowing thru the property. Class “A” river is the highest quality rating for the region that is a suitable trout stream. The subject is serviced with public electrical, telephone and cable service from Times Farm Road. These utilities are also available along South Street. The property is also serviced by a community water system. The subject area has no public sewer system. The site is serviced by a newer DEP approved on site community septic system that ties in to all the facilities requiring a septic system. This gem is best suited to stay as a recreational camp/trailer park where the many existing buildings can be utilized. The 114 acres not associated with the camp and with its vast road frontage lends itself to residential development. So many possibilities with this well-maintained property. Beautiful in every way and ready for your ideas. Please see photos of just some of the buildings and cabins, dining halls, pool, courts,
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,439,200 | $3,439,200 | $3,439,200 |
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 | $6,133 | $6,133 | $6,133 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,259 | $20,897 | $28,330 |
Total Monthly Payment | $25,517 | $27,155 | $34,588 |
* 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.