|
|
Build your dream home on this approved 7. 14-acre parcel nestled in a quiet, private setting-offering the added advantage of Bozrah's lower property taxes and more affordable electricity. Agricultural friendly --ideal for horses, animals, or gardens, this property delivers the perfect combination of country living and long-term value. The site plan is recorded with the Town, and electricity and cabl are available at the street, making it easy to begin your plans. Electricity is provided by Groton Utilities, often offering more competitive rates than surrounding towns-helping to keep monthly costs lower. Conveniently located just minutes from Route 2, this property provides an easy commute-approximately 35 minutes to Hartford and quick access to I-395. Major employers including Mohegan Sun, Foxwoods, Backus Hospital, Lawrence + Memorial Hospital, Electric Boat, and Pfizer are all within approximately 20-30 minutes. Bozrah also offers flexible secondary education options. The Town provides tuition and transportation for students to attend Norwich Free Academy, Lyman Memorial High School, and Bacon Academy. Additional options include Norwich Technical High School and other Connecticut technical schools (tuition provided; transportation varies), as well as access to Waterford High School and CT Interdistrict Magnet Schools (tuition provided; transportation not included). A wonderful opportunity to create your own private retreat while benefiting from lower ongoing cost
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$135,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $108,000 | $108,000 | $108,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $622 | $692 | $897 |
| Total Monthly Payment | $697 | $767 | $972 |
* 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.