Absolutely gorgeous 25 acre parcel of land located in Sparrowbush NY only minutes to Port Jervis for commuter trains and buses and only 90 min GWB! Simply stunning property adjoins NY State lands for hiking and recreation. Hike from your land through state lands to see the stunning Mongaup falls and Mongaup reservoir! This beautiful property features an existing foundation with native rubble stone fireplace that can be used to start your dream home! Property also has an existing drilled well and rustic country driveway to your home location along with a large garage and another out building. As a bonus feature the Bush Kill stream meanders through a small portion of this property for access to trout fishing. Located on the outskirts of Port Jervis this sweet small city is an up and coming! Offering SOHO style shops, cafes, coffee shops, hiking trails and Delaware rive access for the angler, kayaker and river rafter. Farmers Markets abound and within 30 minutes to many other amenities. This amazing property would be suited for a country cottage or a fabulous estate so dream big and let your imagination soar!
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$349,000
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 | $279,200 | $279,200 | $279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,858 | $1,856 | $2,394 |
Total Monthly Payment | $1,933 | $1,931 | $2,469 |
* 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.