Introducing 403 Ashley Falls Rd, located in the heart of Canaan, CT's commercially zoned area. This property offers three spacious and versatile buildings, making it a fantastic opportunity for various uses. With a generous land size of over 2. 53 acres, these buildings benefit from the convenience of public water and sewer connections. The prime location of the former Habitat of Humanity building provides excellent exposure on Route 7, ensuring maximum visibility for your business. In total, the combined square footage of the three buildings is 10, 000 sqft, offering ample space for your operations. Whether you choose to utilize all three buildings for your business or rent out the spaces individually, this property presents a solid investment in the rapidly growing and evolving Canaan, CT. Take advantage of this opportunity to establish or expand your presence in a dynamic and thriving area. Don't miss the chance to secure a valuable property in a prime location.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $692,000 | $692,000 | $692,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.234% | 5.930% |
Monthly Tax Payment | $684 | $684 | $684 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,875 | $4,205 | $5,746 |
Total Monthly Payment | $4,651 | $4,981 | $6,522 |
* 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.