Welcome to an exceptional opportunity for developers, builders, and individuals with a vision to create their dream home in a sought-after location. This subdivided land offers endless possibilities, with one lot already featuring approved plans, making your project even more convenient. Located in Elmsford, a tranquil and desirable area, this property presents the perfect canvas for your next project. It is divided into nine separate lots, all available for sale individually or together as a whole. This property is subdivided and ready to bring your development dreams to life. With nine lots available, you have the flexibility to choose individual parcels or purchase them together for a larger-scale project. Included in this offering is one lot with approved plans, streamlining the development process. This is an excellent opportunity for those looking to begin construction promptly. Nestled in a desirable and peaceful area, this property is perfect for those seeking a serene suburban lifestyle while still enjoying convenient access to urban amenities. Developers and builders will appreciate the potential for profitable projects in this sought-after location. The flexibility of nine lots allows for various development options, from single-family homes to a more extensive residential community. For individuals looking to build their dream home, this property offers a unique opportunity. You can select the lot that best suits your vision and create a custom residence in a picturesque setting. The necessary infrastructure, such as roads and utilities, is in place or easily accessible, making the development process smoother. Choose from individual lots or seize the entire parcel as a whole, giving you maximum flexibility in tailoring your project to your goals. Don't miss out on this exceptional opportunity to be part of a thriving community and create something extraordinary. Act now and turn your development dreams into reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.055% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,198 | $1,182 | $1,507 |
Total Monthly Payment | $1,273 | $1,257 | $1,582 |
* 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.