504 Noank Road, Groton (Mystic), CT, 06355 | $425,000

APPROVED BUILDING LOT WITH WATER VIEWS!!! Are you ready to seize a truly exceptional opportunity? Introducing 504 Noank, a 1 acre APPROVED BUILDING LOT that promises to fulfill your waterfront dreams. They say they're not making land with fabulous water views anymore, and they're absolutely right! This is your chance to own a slice of paradise boasting breathtaking vistas. Rare opportunity alert! 504 Noank offers breathtaking water views you won't find anywhere else. Imagine waking up to the Mystic River's serene beauty every day. This 1. 00-acre lot in the desired area of East Farms community and it is the last of its kind, with utilities ready for your dream home. Schedule a viewing today and seize this once-in-a-lifetime opportunity to own your Mystic retreat! We can help to build your Dream Home - Bring your plans we will do the rest! Welcome to 504 Noank - Your Waterfront Oasis Awaits! Imagine waking up every day to the serene beauty of the majestic Mystic River - it's not just a dream, but a reality waiting to be embraced. Savor incredible water views from your future deck chaise, where unobstructed panoramas of the Mystic River, Long Island Sound, Mason's Island, and Noank will be your daily companions. Whether it's the golden hues of sunrise or the soothing shades of sunset, you'll find yourself immersed in the ever-changing tapestry of the river. 504 Noank offers the perfect blend of tranquility and convenience, nestled on a spacious 1. 00-acre lot. While you'll feel a world away in this peaceful retreat, you're just 1 mile from downtown Mystic and 1. 5 miles from charming Noank Village. This desired property is part of the private East Farms community, renowned for its upscale living and natural beauty. It's worth noting that this is the last available lot of its kind, making it a truly unique opportunity. The best part? Your path to building your dream home couldn't be smoother. The property already features a water meter, fire hydrant, and sewer connection. Plus, electricity and cable are just a few feet away. Feel free to bring your architect or builder and let your creativity run wild. Design the waterfront home you've always dreamed of and watch it come to life. To fully appreciate the beauty of this property, we kindly request that you schedule a viewing. Trust us; you won't be disappointed. Don't let this once-in-a-lifetime opportunity slip through your fingers. Your waterfront oasis is waiting for you!

Features

  • Town: Groton
  • Zoning: RS-12
  • Frontage: Municipal Street
  • Lot Desc: In Subdivision,Dry,Cleared
  • Water Front: Yes
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 24001113
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/24001113/504noankroad_groton_ct?source=qrflyer
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Listing courtesy of Berkshire Hathaway NE Prop.

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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504 Noank Road, Groton (Mystic), CT, 06355

$425,000

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 $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,319 $2,291 $2,915
Total Monthly Payment $2,394 $2,366 $2,990

* 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.