Build your dream home on this 2. 02-acre approved building lot in the upscale community of Crystal Ridge! This is the LAST available lot in this community and is located at the end of the cul-de-sac, providing an ideal location with plenty of privacy. This property also has an option for a walkout basement! Current owner has already pre-paid the additional required cost of a sewer line hookup. Deed restrictions and plot plans available. This idyllic Ellington neighborhood is incredibly peaceful with a sidewalk, great for walks and bike rides. Located away from the noise on the Ellington/Tolland line with free access to Crystal Lake with a beach for hours of swimming and sunbathing! Also convenient to state forests and conservation areas with hiking trails. Just a short drive to the MA line. Stop waiting and hoping that perfect home will finally come along when you can custom build your dream home, exactly how you want!
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $119,600 | $119,600 | $119,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.051% | 7.295% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $836 | $806 | $1,034 |
Total Monthly Payment | $911 | $881 | $1,109 |
* 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.