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Presented by![]() Leslie McHugh |
35. 39 Acres Residential-zoned vacant lot located at the end of a cul-de-sac in a subdivision of charming and meticulously-kept homes with manicured lawns. An amazing opportunity for a builder, or someone looking for a large private estate. Proposed plans for an 8-lot subdivision were originally drawn in 2004, but updates are needed to meet the Town's new codes. At the present, the property is a single lot (a subdivision does not exist). A builder will need to file subdivision plans based on the Town's new codes. Zoning: RR (Reservoir Residential). Owner is open to an as-is sale of the lot, or a joint venture with a builder. Don't miss this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
Sales Associate
William Raveis Real Estate
Phone: 203.564.3880
Leslie.McHugh@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,282 | $3,498 | $4,452 |
Total Monthly Payment | $3,374 | $3,590 | $4,544 |
* 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.