Located in close proximity to I-395 in Griswold, the property at 672 Roode Road boasts a fascinating history and presents an incredible opportunity. Currently classified as open space/farmland under CT PA-490. Nestled in a stunning landscape, this property is a blend of lush forests and fertile farmland, offering endless possibilities for different uses. Stretching across 167 acres, it's a captivating haven with towering trees, vibrant greenery, and rich soil, ready to be embraced for various ventures. The parcel of land offers various possibilities for use. It allows for the construction of single-family homes and two-family homes. Additionally, the land allows for commercial farming, encompassing activities such as agriculture, forestry, truck and nursery gardening, greenhouses, dairy farming, and livestock and poultry raising, on lots of at least five acres. Special exceptions are granted in certain zones, permitting convalescent facilities, nursing homes, rehabilitation facilities, assisted living facilities, continuing care facilities, educational or religious uses, social clubs, cemeteries, private aircraft landing fields, public service company facilities, excavations, commercial recreation facilities, recreational campgrounds, medical offices, funeral homes, public government facilities, bed and breakfast facilities, country inns, non-profit small domestic animal shelters, and public service structures like pump stations, associated piping, and water towers.
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William Raveis Real Estate
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Contact@raveis.com
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,017,599 | $1,017,599 | $1,017,599 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,101 | $6,600 | $8,864 |
Total Monthly Payment | $6,226 | $6,725 | $8,989 |
* 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.