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Note Sale
#NY-714
Land | Performing | 10.9 Acres in Moira, NY
Listing Contacts
License: NY 10311205002
Active
Asking Price: $13,140
Address
VCFH+M9J South Bombay, New York, USA, South Bombay, NY 12957
Show on MapDate Added
May 12, 2023
Days on Market
740 days
Time Since Last Update
67 days
Loan Details
Loan StatusPerforming
Maturity Date08/31/2027
Remaining Term2 years, 3 months
Origination UPB$19,875
Current UPB$13,140
Lien PositionFirst
Origination Date08/31/2022
P&I Payment$19,918
Next Payment Due Date03/19/2025
Current Note Rate11.00%
Note Rate TypeFixed
Prepayment Structure0%
Weighted Avg LTV61.09%
Collateral Details
Marketing Description
• 10.9 Acres in Franklin county, New York.
• Buyer is on time with payments and has been successful in paying.
• Vacant rural land, nested in the municipality of Moira.
• It has direct access from the paved West Rd, which is just 2-minutes away from Bombay Rd.
• The topography is level with some trees.
• There are some minor wetlands on the southeast corner of the lot.
• There isn’t any zoning and the land classification is rural-vacant, so this lot can be used for residence or agriculture.
• Mobile homes are allowed.
• Bombay State Forest is within an 8-minute drive.
• Brasher Falls State Forest is a 22-minute drive.
• USA- Canada border is 11.56 miles away from the property.
• Massena International Airport is a 26-minute drive.
Investment Highlights
• 10.9 Acres in Franklin county, New York.
• Buyer is on time with payments and has been successful in paying.
• Vacant rural land, nested in the municipality of Moira.
• It has direct access from the paved West Rd, which is just 2-minutes away from Bombay Rd.
• The topography is level with some trees.
• There are some minor wetlands on the southeast corner of the lot.
• There isn’t any zoning and the land classification is rural-vacant, so this lot can be used for residence or agriculture.
• Mobile homes are allowed.
• Bombay State Forest is within an 8-minute drive.
• Brasher Falls State Forest is a 22-minute drive.
• USA- Canada border is 11.56 miles away from the property.
• Massena International Airport is a 26-minute drive.
Valuation Calculator
Valuation Calculator
Loan Amount
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ROI
Property History
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Due Diligence
Listing Contacts
- License: NY 10311205002
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