This is a rare opportunity to own an agriculturally zoned 18 acres (combination of 3 adjoining parcels) 5 minutes from town. These parcels contain 3 homes (5 bed 4 bath, 3 bed 2 bath, detached in law suite 1 bed 1 bath). There are also 4 barn on these parcels, two of which are metal and very large. It could perfectly suite running your small business from home or a family compound and the ability to build additional homes on this parcel. This combination of parcels allows country style living but conveniently located near Hwy 301 with easy I 75 access perfect for easy commute or business transportation needs. The main custom home build features over 3500 sq ft of living space accentuated with vaulted ceilings in all rooms making this home feel even larger. Solar panels have also been installed to help minimize electricity costs and brand new AC installed 6/2024. This property not only offers no HOA or deed restrictions but also a practical choice for combining your home and business needs. A-1 zoned properties like this are very rare, as they have the ability to have up to one home an acre. All 3 parcels are only being sold together. There are also two 1 acre lots connected to this that are not included from this owner but also likely available bringing it to a potential of 20 acres.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,750,000
William Raveis Real Estate
Phone: 888.699.8876
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,200,000 | $2,200,000 | $2,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $869 | $869 | $869 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,087 | $14,269 | $19,164 |
Total Monthly Payment | $15,081 | $15,263 | $20,158 |
* 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.