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Presented by
Stacey Matthews |
Build your dream on this designated "Scenic Road" abutting spectacular land trust trails. The lot consists of 24. 8+/- acres, with a 9+/- acre building envelop. The building site is to be accessed from a future driveway running at the South border, along the Land Trust access point. The lightly wooded property rises to an 820-foot elevation and is resplendent with mature trees, ferns, moss and dramatic rocky outcroppings. There is also significant undergrowth of glorious CT Mountain Laurel which provides year round color to the landscape and will surprise and wonder with its flowery display in June. Abuts major estates with complete privacy and yet just minutes to the chic shopping areas of Washington and New Preston. 5 minutes to the Mayflower Inn/Spa/Fitness Center. There are perc tests for the conserved land (to be used as general comparison for the area) but none for the building site. Buyer will need to take 'as is' or do their own percs. 15. 8+/- acres under conservation easement held by Northwest Connecticut Land Conservancy (see attachment). Park across the street from the For Sale sign and walk up the old wood road, wear boots. Don't miss going for a hike in the neighboring land trust during your visit! This is located on a dirt road which is maintained by the town. Maps and other info in supplements.
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$549,000
Broker/Owner
William Raveis Real Estate
Phone: 203.671.9067
Stacey.Matthews@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $439,200 | $439,200 | $439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,528 | $2,630 | $3,502 |
| Total Monthly Payment | $2,620 | $2,722 | $3,594 |
* 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.