BUILD YOUR DREAM HOME ON PURGATORY ROAD! Imagine the life you've always envisioned on this unique 2. 7-acre property in Blooming Grove, NY, located in a distinguished, upscale rural neighborhood. This stunning parcel makes the most of every square foot, with no loss to unusable wetlands. This beautiful wooded lot offers the ideal blend of seclusion and convenience, providing the privacy you crave while being moments from major highways, public transportation, and just 2 miles from the Campbell Hall railroad station. You'll enjoy the serenity of nature while being only a short drive from nearby towns for shopping, dining, and amenities. The preliminary site plan provides a spacious, buildable envelope, fully compliant with municipal setback requirements. Suggested placements for a dwelling and septic system, complete with preliminary perk tests, are already mapped out. Plus, the flexible layout offers you the freedom to design your home exactly to your specifications. Secluded, scenic, and ready for your vision, this property is a rare find in such a highly sought-after location. With an experienced engineer and surveyor available to support your building plans, this land won't stay on the market for long. Don't miss the chance to bring your dream home to life on Purgatory Road! CurrentUses: Single Family,
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
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 | $132,000 | $132,000 | $132,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $878 | $877 | $1,113 |
Total Monthly Payment | $953 | $952 | $1,188 |
* 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.