This 12.28 parcel of land is located in the scenic town of Oakdale. The area lends itself to quiet country living that is a short drive to the coast and historic towns. The property that can be used for farming and comes with a 4 bedroom 2-family home that needs extensive renovating and can be converted into a single family house. The house is being sold as is. There is a solar farm on the neighboring property behind the house. The owner will consider seller financing. Fireplaces are inoperable as the heating system runs through them. Existing cesspool and well. Taxes are based on the land before the approved subdivision.
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Listing courtesy of Sherri Cordelli, William Pitt Sotheby's Int'l Email: scordelli@wpsir.com
958 Route 163, Montville, (Oakdale), CT, 06370
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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