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This 19± acre beautiful sprawling estate serves as a unique investment opportunity with over 900 feet of road frontage on County Line Road, which has seen explosive industrial and commercial growth over the past few years. The property has access off of two roads, County Line Road and E. Trapnell Road with a median break on County Line Road, allowing easy access in and out. There is a 3, 752sf block home which sits surrounded by exquisite oaks and has been meticulously cared for, highlighting character and providing plenty of space for family gatherings. The home sits over 700' off of County Line Road, with a natural buffer, providing a peaceful setting with 4 bedrooms and 3 bathrooms. Boasting a 23'x14. 5' kitchen, leading into the living room with cathedral ceilings and a charming working fireplace, with a sun room getaway outfitted with an indoor cooker vented up the chimney and a wet bar. There is a 100' x 40' building which has an efficiency apartment ready for a guesthouse renovation, along with roll up doors on multiple sides for equipment storage or a shop. This could be an excellent investment to live in while holding until the future growth inevitably comes through this property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $308 | $308 | $308 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,185 | $7,005 | $9,482 |
Total Monthly Payment | $7,618 | $7,438 | $9,915 |
* 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.