1260 Mountain Road, Port Jervis (Greenville), NY, 12771 | $1,300,000
A custom-built 4 bedroom 2. 5 bath brick ranch with a full walk-out basement on a 9 acres of land, plus a separate adjoining 50 acres income producing solar farm are packaged together for sale. The custom-built house sits on Mountain Rd with 886 ft road frontage and can itself be subdivided to build more homes. The stately brick ranch features a first floor master suite with an ensuite master bath & a ensuite sitting room; 2 more bedrooms, hallway full bath, kitchen, formal dining room, large living room with fireplace, laundry room and a 3 car garage. The walk out full basement is partially finished with 1 bedroom, 1 bath and a large area which could be easily finished with the right design. There is also a separate structure that is currently used as a storage. The structure can be subdivided into its own parcel. The adjoining 50 acres of land has a separate address of 716 Mullock Rd with 30 acre of solar farm. The solar farm is in its 2nd year of 20 year lease, and it generates $47K+ income with 2% increase per year. The solar company pays the real estate/school tax on the portion of the land it uses. This 50 acres of land has another entrance from mountain road as well. Schedule your showings and make it your dream home.
Features
- Town: Port Jervis
- Rooms: 9
- Bedrooms: 4
- Baths: 2 full / 1 half
- Style: Ranch
- Year Built: 1981
- Garage: 3-car Attached
- Heating: Oil, Baseboard
- Cooling: Central Air
- Basement: Partially Finished, Walk-Out Access
- Approx Sq. Feet: 2,212
- Acreage: 59.4
- Est. Taxes: $12,505
- Elem. School: Minisink Valley Elementary School
- Middle School: Minisink Valley Middle School
- High School: Minisink Valley High School
- School District: Minisink Valley
- Appliances: Dryer, Oven, Washer
- MLS#: H6315238
- Days on Market: 84 days
- Website: https://www.raveis.com
/eprop/H6315238/1260mountainroad_portjervis_ny?source=qrflyer
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1260 Mountain Road, Port Jervis (Greenville), NY, 12771
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
| Monthly Tax Payment | $1,042 | $1,042 | $1,042 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,824 | $6,319 | $8,567 |
| Total Monthly Payment | $6,991 | $7,486 | $9,734 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535