Welcome to an exceptional opportunity in Boiling Springs! Situated in a prime location, this property spans 7 level acres, making it an unparalleled investment in one of the most sought-after areas. This expansive parcel is a developer's dream, offering the potential to create a thriving subdivision in the heart of Boiling Springs. The level terrain provides a blank canvas for a visionary developer to craft a community that seamlessly integrates with the charm of the surrounding area. Nestled within an award-winning school district (District 2), this property promises not only a lucrative investment but also a desirable location for families seeking a quality education. The historical significance of the area adds to the allure, making this land a unique canvas for creating a residential haven. Beyond its development potential, the 7 acres provide a rare opportunity for those looking to establish a private estate with ample space and tranquility. The prime location ensures easy access to local amenities, creating a perfect balance between seclusion and convenience. Whether you're a developer with an eye for transformative projects or an individual seeking a substantial piece of land for a private retreat, this property in Boiling Springs is a rare gem waiting to be shaped into something extraordinary. Don't miss the chance to be a part of the future growth and prosperity of this thriving community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$505,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $404,000 | $404,000 | $404,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $267 | $267 | $267 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,688 | $2,685 | $3,407 |
Total Monthly Payment | $3,047 | $3,044 | $3,766 |
* 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.