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Agricultural estate with income potential in the heart of Lebanon's historic countryside. Situated directly across from the Lebanon Town Green, this remarkable 34-acre farm property offers rich, productive land, infrastructure for agri-business, and deep historical character. The acreage includes fertile hay fields and established vineyards, ideal for expanding into vegetable production, orchards, livestock, or equestrian use. With excellent soil, wide-open space, and stunning pastoral views, the land is well-suited for a working farm, CSA operation, vineyard/winery, or sustainable agriculture project. At the center of the property is a fully renovated 1, 244 sq ft barn with a capacity of 50-60 people and an adjoining 1, 344 sq ft outdoor patio-perfect for farm dinners, tastings, agricultural workshops, events, or a farm store. The barn offers a versatile space for on-site revenue generation and community engagement. Included is a 3-bedroom, 1, 856 sq ft Antique Colonial home (circa 1700), ideal for a farm manager's residence, guest accommodations, or office use. The home has been well-maintained and contributes to the property's historic charm. Whether you're building a diversified farm business or expanding your agri-tourism vision, 139 W Town Street combines history, productivity, and possibility - a rare find in Eastern Connecticut. Also Listed as Single Family For Sale - MLS# 24115177, Commercial For Sale - MLS# 24115827; Please be aware, Farm House is very cluttered inside.
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William Raveis Real Estate
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Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $736,800 | $736,800 | $736,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,012 | $4,417 | $6,118 |
| Total Monthly Payment | $4,104 | $4,509 | $6,210 |
* 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.