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This is an estate, no disclosures. House is being sold "As Is, Where Is". Subdivision Potential-16 Farrell has 1250+- feet of existing road frontage, No new road needed, 12 acres in a residential 2-acre zone. with a single-family vintage house. A Preliminary subdivision map with four total lots including the house is in supplements. There is also a possibility of a 1st cut. Note: there is no formal survey or testing that has been done. do your own due diligence. There is also an additional 3-acre parcel available across the street-23 Farrell Rd for sale for 225, 000. The house has so much charm and has been in the same family for generations. With some love and re-imagination, it could be an awesome homestead. The structure is sound with hardwood floors throughout, walk up attic and unique diverse floor plan. This is a great investment for a organic farm, horse property or subdivision. Located in the Hawleyville section of Newtown. Strategically located moments to Rt 84 (exit 9) and Rt 25 corridors. Awesome shopping and restaurants nearby! Barn was removed many years agoDo not go on property without appointment and a real estate agent.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Upper |
| Den | Upper |
| Dining Room | Main |
| Kitchen | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,081 | $1,081 | $1,081 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,128 | $4,552 | $6,373 |
| Total Monthly Payment | $5,301 | $5,725 | $7,546 |
* 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.