Discover this exceptional 64+ acre parcel of raw land in Forestburgh, NY, located just outside the community of Woodridge. With an impressive 1, 066 feet of road frontage, this expansive property offers a rare and unparalleled investment opportunity. The land's vast expanse, nestled amidst the serene beauty of the Catskills, provides the ideal canvas for development or expansion of your portfolio. Perfectly situated just under two hours from New York City, this property offers the best of both worlds: a tranquil, rural retreat within easy reach of the city. Minutes away, you'll find many dining options, shopping, and seasonal activities that cater to a wide range of tastes and preferences. Enjoy the peaceful surroundings while being close to Woodbourne and Monticello, known for their welcoming environments and vibrant seasonal communities. Whether you envision private estates, a community retreat, or a personal sanctuary, this land offers both convenience and seclusion. The generous road frontage ensures easy access for future development while maintaining the privacy and serenity that make this area so unique. Seize this unique chance to invest in a property that promises both growth potential and a peaceful environment. Ideal for a discerning buyer looking to expand or create a lasting legacy, this land is ready to fulfill your vision. Don't miss out on this remarkable opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
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 | $319,920 | $319,920 | $319,920 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,128 | $2,126 | $2,743 |
Total Monthly Payment | $2,203 | $2,201 | $2,818 |
* 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.