215 Prospect Road, Monroe (Blooming Grove), NY, 10950 | $2,700,000

Calling all investors! This expansive 5-acre property in the Village of South Blooming Grove presents a unique opportunity for future development. With its flat terrain and prime location, this property holds significant potential for rezoning and subsequent development projects. Imagine the possibilities of transforming this land into a thriving residential community, community center, or even a mixed-use development. The potential for substantial returns on investment is undeniable. Don't miss out on this exciting opportunity to secure a property in a rapidly growing area. Contact your agent today to learn more about the development potential and investment possibilities. Nestled on a sprawling 5-acre property in the serene Village of South Blooming Grove, this stunning 2, 234 square foot split-level home offers the perfect blend of modern luxury and tranquil living. Completely renovated and upgraded in 2012, this spacious residence main floor boasts, an open concept layout, a spacious foyer, living room & dining room, and a gourmet kitchen with granite countertops, stainless steel appliances, and a breakfast bar. Upstairs, you'll find the master suite with a luxurious en-suite bathroom, as well an additional bedroom and another full bath. The lower level offers even more living space with two bedrooms, a full bath, a laundry room, a pantry closet, and a spacious family room with sliding doors leading to a private deck and above-ground pool. With its expansive outdoor space, this property provides endless opportunities for relaxation, entertainment, and outdoor activities. Imagine enjoying peaceful evenings on your deck, swimming in your pool, or simply exploring the vast acreage. Don't miss this incredible opportunity to make this beautiful home your own. Schedule a showing today!

Features

  • Town: Monroe
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Split Level
  • Year Built: 1982
  • Heating: Propane, Forced Air
  • Cooling: Central Air
  • Basement: Full, Walk-Out Access
  • Approx Sq. Feet: 2,234
  • Acreage: 5
  • Est. Taxes: $12,637
  • Elem. School: Round Hill Elementary School
  • Middle School: Washingtonville Middle School
  • High School: Washingtonville Senior High School
  • School District: Washingtonville
  • Pool: Above Ground
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Stainless Steel Appliance(s)
  • MLS#: H6325408
  • Days on Market: 49 days
  • Website: https://www.raveis.com
    /eprop/H6325408/215prospectroad_monroe_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Exit Realty Venture   Phone: 845-9993948

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

215 Prospect Road, Monroe (Blooming Grove), NY, 10950

$2,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,160,000 $2,160,000 $2,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,053 $1,053 $1,053
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,434 $13,653 $18,227
Total Monthly Payment $13,612 $14,831 $19,405

* 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.