Approximately 74 acres with road frontage on both Salem Rd and Farmington Rd, offering excellent access and versatility. Farmington Rd divides the property, creating a unique opportunity for multiple uses, whether for recreation, investment, or future development. The land features approximately 10-year-old planted pine timber, providing potential for future income.Conveniently located less than 5 minutes from I-95, this property offers quick and easy access to surrounding areas while still maintaining a private, rural setting. Ideal for outdoor enthusiasts, the tract provides great habitat for turkey, deer, and small game, making it a strong recreational or hunting property.Property will need to be surveyed to determine exact acreage
1 Farmington Road, City Not Found, CT, 29051
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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