Multi-parcel, commercial and residential package available in Enfield's Scitico neighborhood. The sale can include 2 parcels, with a +/-1, 296 SF commercial garage building and a 2 family house with potential sale of additonal adjacent two-family house, and potential sale of the barn. Redevelopment potential. Good exposure at the intersection of high-traffic CT Routes 190 and 191. Located across from Dunkin' Donuts Plaza and Scitico Plaza, the site captures 15, 000+ AADT on Rt. 190 and an additional 5, 000+ cars on Rt. 191. The property is also visible from Taylor Road, a busy connector to suburban East Longmeadow, MA and area industrial parks. Located minutes from I-91, Enfield shopping centers, and recently proposed Enfield Square luxury apartment/mixed-use redevelopment. Great opportunity for an investor or a retailer targeting the Northern CT market. Many usage possibilities. Owner will consider selling parcels separately.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,080,000 | $2,080,000 | $2,080,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | $543 | $543 | $543 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,166 | $12,138 | $16,995 |
| Total Monthly Payment | $11,834 | $12,806 | $17,663 |
* 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.