366 Poplar Plains Road Flemingsburg KY 41041

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366 Poplar Plains Road

Flemingsburg, KY 41041

Suburb: Flemingsburg

$2,900,000

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This is the ultimate cattle farm. It consists of 411 acres, newer fence, a small brick home, and 8 other almost new buildings.

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Road frontage on Poplar Plains and Mudsock Rd.

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Property Details

General Information

Property Type	Land
Style	Agriculture
Suburb	Flemingsburg
County	Fleming
Zip Code	41041
School District	Fleming Co Public
MLS#	626443

Features

Total Acres	411.26
Lot Dimensions	411.257 Acres
Best For	Farm, Recreational, Residential, Corn
Water	Public
Sewer	Septic Tank
Semi-Annual Taxes

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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