Development opportunity. This 0.735 acre property is currently improved with 1,904 sq. Ft. two story traditional single-family house. The current zoning is R-20 which was up zoned circa 2000 from two R-12 building lots. Assuming the current structure is razed the current FAR of 0.225 allowing for a total of 7,203 sq. ft. on two floors plus a 1,440 sq. ft. third story for a total of 8,643 sq. t. plus the opportunity to finish the lower level to approximately 3,000 sq. Ft of additional finished living area, enabling the design and construction of a new colonial style house totaling 11,643 sq. Ft on four floors. Call LB for more information.
181 E Putnam Avenue, Greenwich, CT, 06830
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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