Lots of land and newer dream home seeks a forever caretaker. Living with nature on this 42 ?acres parcel awaits your ideas on this beautiful organic farm in Eastern CT! Ultra private, yet close-to-everything, this park-like setting includes a young expansive style ranch with room for expansion, 45 variety fruit trees, irrigated vegetable rich soil gardens, perennial flowering gardens, massive lumber yard with 800 cords out of view, and picturesque cash flowing roadside stand. Herbicides or Pesticides have not been applied on this property since the birth of the homestead in 2010. Prepare your bounty in this 25' x 25' kitchen equipped with two ranges, two refrigerators and two microwaves for home cooking, home schooling, or home living at its best. The walk out basement has additional space to further develop as you wish. Amenities of central air conditioning, washer dryer located on the main living level, and extra large windows for plethora of natural light are another upgrade. View through these high efficiency windows the local birds forage on local eats. Within this expansive acreage, relax on trails through the dense forest to a breath-taking small stream and uplands to further expand on. As this property does have another access point, the potential for further development does exist. This farm is located close to both casinos, state parks, and ocean beaches. Pride of ownership in this homestead will delight every buyer!
Type | Description | Level |
---|---|---|
Bedroom 1 | Main | |
Bedroom 2 | Main | |
Full Bath | Main | |
Kitchen | Breakfast Bar,Dining Area,French Doors,Island,Pantry,Wet Bar | Main |
Living Room | Combination Liv/Din Rm,French Doors,Pellet Stove | Main |
Other | Laundry Hookup | Main |
Primary Bedroom | Main |
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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 | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $675 | $675 | $675 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,088 | $4,037 | $5,179 |
Total Monthly Payment | $4,855 | $4,804 | $5,946 |
* 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.