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Your dream summer starts here! This prime property is waiting for a stunning 5-bedroom residence to be built-SECURE IT NOW! This is your opportunity to create the perfect space from the ground up. When it's gone, there won't be another like it. Now is your chance to bring your dream home to life in one of the most sought-after locations. Last lot available on a private cul-de-Sac in Candlewood, Connecticut's largest lake! Don't miss this rare opportunity to own the largest and most magnificent property on a quiet, serene road. The property begins with 55. 78' on Carmen Hill and continues for 661. 51' along Eagle Drive. Nestled within the Candlewood Lake community, this private lot offers unmatched peace and privacy. This is your chance to gain big. This rare 5 bedroom property offers absolutely breathtaking views while also having 1/4 ownership of . 48 acres of direct waterfront beach property, complete with access to a shared cabana with electricity. Included is a deeded boat slip adding to the lifestyle you've dreamed of. Don't miss this unique opportunity and prime location. The property encompasses most of Eagle Drive starting before the entrance. Minutes from the Candlewood Lake Inn, enjoy lakeside dining at Down the Hatch, surrounded with stunning Candlewood Lake marinas. Just bring your boat and start making memories. Endless possibilities await. All this and a motivated seller ready to make it happen. Bring your offers!!!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,118 | $3,244 | $4,283 |
| Total Monthly Payment | $3,210 | $3,336 | $4,375 |
* 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.