EXPANSIVE AGRICULTURAL OPPORTUNITY IN THE HEART OF LITCHFIELD COUNTY!! Discover the rare opportunity to own over 60 acres of prime agricultural land in scenic New Milford, CT. Nestled in the heart of Litchfield County this remarkable property offers a perfect blend of open fields, (4) naturally spring-fed ponds and gently rolling terrain - ideal for a variety of agricultural uses including row crops, livestock, equestrian, orchards, organic farming, hunting, fishing, or homesteading. Multiple ponds make water access easy, utilities available from the road. There is even an established beach/picnic area located adjacent to one of the ponds. Agriculture/Residential zoned making your dream of sustainable living a reality. Easy access to major highways including I84, Route 7 and Route 202. Whether you're looking to expand your farm operations, invest in land w/long term growth potential or build your own private retreat surrounded by nature, this property delivers exceptional versatility and value. These fields are routinely hayed producing approximately 3000-5000 bales per year. Buying land is not merely a purchase transaction, it's a foundation to build your family on, live life to its fullest on, and pass down. Build a flourishing orchard or handmade barn and create your family legacy now! Create a lifestyle with meaning, independence and deep roots! DRONE photos coming soon!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,891 | $7,826 |
Total Monthly Payment | $5,349 | $6,016 | $7,951 |
* 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.