Are you tired of competing with multiple offers or being outbid time after time? Look no further! This 5-acre lot in Torrington is the perfect solution to overcome the challenges of the current real estate market. Embrace the freedom to design and bring your vision of the perfect home to life. With its flat topography and expansive dimensions, this lot provides a blank canvas for your imagination to run wild. Create a spacious estate, complete with lush gardens, a sparkling pool, or even a tennis court. The possibilities are endless, and the expansive lot size ensures privacy, allowing you to craft your own personal oasis. Whatever you envision for your family home, this property caters to your desires, accommodating various architectural styles and floor plans. Customize every detail to match your unique preferences and create a space that truly feels like home. Situated on the east end of Torrington, this 5-acre lot offers serene surroundings and a tranquil ambiance, providing an ideal retreat from the hustle and bustle of city life. Despite its peaceful setting, it offers easy access to major highways, schools, shopping centers, and recreational amenities, ensuring a comfortable and convenient lifestyle. Don't miss out on this incredible chance to own a remarkable piece of land. Act now and secure your future in this highly desirable location!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
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 | $71,920 | $71,920 | $71,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $485 | $478 | $617 |
Total Monthly Payment | $560 | $553 | $692 |
* 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.