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Note Sale

#NY-876

$21.73K UPB | Land | Performing

Listing Contacts

Active

Asking Price: $21,733
Earnest Money  Deposit: 10% min.
Address 

Cook Rd, Saint Regis Falls, NY 12980

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Date Added
Jan 7, 2025
Days on Market
110 days
Time Since Last Update
50 days

Loan Details

Loan StatusPerforming
Maturity Date05/31/2029
Remaining Term4 years, 1 month
Origination UPB$25,300
Current UPB$21,733
Lien PositionFirst
Origination Date05/31/2024
P&I Payment$602
Next Payment Due Date03/08/2025
Current Note Rate15.00%
Note Rate TypeFixed

Collateral Details

Property TypeLand, Note/Loan
SubtypeResidential
ZoningAdirondack Park Land Use: Hamlet
Lot Size (acres)10
APN165400-224-000-0002-014-200-0000, 165400-224-000-0002-014-300-0000
OwnershipCommunity LD LLC
Sale ConditionFor sale by owner
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Marketing Description

The property is spacious, almost completely covered with trees, and abundant with picturesque views of the surrounding nature.​

GPS Coordinates: 44.6643, -74.541

The property's land use area is Hamlet and is regulated by the Adirondack Park Agency.​ The Agency encourages high-density development in this area and has very limited permit requirements.​ Prior to any development, you would need to obtain a building permit from the town and Adirondack Park Agency.​ Power lines are passing through the middle of the property.​ Small portion of the north side of the is covered with wetlands.​

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