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Under contract-accepting backup offers. Calling all churches. Calling all Day Cares. Calling all Adult Day Cares. Calling all schools. Here is an opportunity to own a residential zoned property (RSC-4) with current usage designated "Churchs". Daycares for children and adults, schools or any other usage would require county approval. Currently the church building has pews and stage and measures 36' wide and 34' long, along with a second area measuring 19' wide by 50' long. This building was built in 1928 and would be classified an historical building, possibly qualifying for a county grant to refurbish. A second building has 824 square feet plus another covered space containing 336 square feet. This building was built in 1955. Lastly, the newest building built in 1971, contains classrooms and measures 30' wide and 70' long with a covered walkway measuring 10' by 70' in length. Lots of opportunity, plus a finished concrete basketball court measuring 52' wide by 90' long. Other extra features include a 10 x 10 shed. Lots of opportunities await your final usage for this 2 acre gem in Dover. Call today for your personal tour.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $503,920 | $503,920 | $503,920 |
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 | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $20 | $20 | $20 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,353 | $3,349 | $4,321 |
Total Monthly Payment | $3,465 | $3,461 | $4,433 |
* 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.