3 INCOME PRODUCING PROPERTIES BUNCHED TOGETHER ON 24 DEVELOPMENT ACRES. ENTIRE PROPERTY IS SELLING AT $134 PER SQ FT. Welcome to 54 Seckar Rd. , Ashford, CT 06278. Off Rt 74, Five miles off Rt 84 Exit 72 - a truly remarkable property that is more than just what you see, maybe an Airbnb, a retreat, a family compound, campground and a super development opportunity all rolled into one! Nestled on 24 acres of pristine land (with the option to add an additional 10 acres ON STREET), this former MT Caritas Monastery offers endless possibilities. As you step onto this expansive property, you'll be greeted by a newer aged 1, 556 square foot Raised Ranch with a 1, 456 square foot finished basement. This charming home provides a comfortable living space and a cozy retreat for you and your guests. Adjacent to the main house, there is a 1, 450 square foot residential property featuring a commercial kitchen, perfect for culinary enthusiasts or hosting events. But that's not all - imagine the potential of the nearly complete 2, 400 square foot Worship building! With some creative vision, this structure can easily be converted into a magnificent home, offering even more space and versatility. Alongside the buildings, you'll find a barn, a stable, and two sheds, all conveniently located within close proximity. One of the most exciting aspects of this property is the excess virgin land all along the road, just waiting for your future development ideas. Whether you dream of expanding the existing structures or embarking on a new project, the possibilities are truly boundless. In fact, the property even comes with rights to develop a cemetery, showcasing the unique opportunities it presents. Currently, the developed portion of the property generates income with 7, 443 square feet of income-producing space. However, it's important to note that this is only the beginning. With such an immense range of expansion possibilities, this property offers an appetizing deal for those with a grand vision. If you've ever dreamed of owning a retreat, creating a family compound, or embarking on a super development project, 54 Seckar Rd. is the perfect canvas to turn your imagination into reality. Don't miss out on this exceptional opportunity to acquire 24 acres of pristine land with existing structures and endless potential.
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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 | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $1,204 | $1,204 | $1,204 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,991 | $6,805 |
Total Monthly Payment | $5,901 | $6,287 | $8,101 |
* 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.