9M East 36 East Hampton Road East, Marlborough, CT, 06447 | $350,000

One of a kind approved commercial lot on Route 66 in Marlborough that meets Town minimum requirements for drive-thru. Village Center District. Attached zoning guidelines have been updated and now drive thru is permitted on this particular lot as acreage is 1. 3 acres or more for businesses other than bank and pharmacy. High exposure, in-town location, abuts strip mall, city sewer and water at street. The deed restrictions have been revised over the years so please check the attached documents. Any questions reach out to listing agent. Currently banks are not allowed. The attachments include a proposed building for the lot, that was approved. Those particular plans are for info only and cannot be used. Since that approval both sewer and water are at the street. In town location. Village Center District Regulations attached. Agent/owner Property is with the Village Center istrict

Features

  • Zoning: Commercial
  • Frontage: U.S. Highway,State Road,Paved Road
  • Lot Desc: In Subdivision,Sloping Lot,Treed
  • Elem. School: Elmer Thienes
  • Middle School: RHAM
  • High School: Regional District 8
  • MLS#: 170623410
  • Days on Market: 88 days
  • Website: https://www.raveis.com
    /prop/170623410/9meast36easthamptonroadeast_marlborough_ct?source=qrflyer
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Listing courtesy of Berkshire Hathaway NE Prop.

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9M East 36 East Hampton Road East, Marlborough, CT, 06447

$350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,910 $1,861 $2,401
Total Monthly Payment $1,985 $1,936 $2,476

* 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.