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137 Providence Street in Putnam, CT presents a rare opportunity to acquire a fully operational industrial/commercial property featuring over 40, 000 SF of concrete block and steel construction on 3 acres along the Quinebaug River. Home to the established Dalmik Well Drilling Co. , this turnkey facility is ideal for contractors, industrial users, or investors seeking a functional business location with immediate operating capacity. The real estate is offered at $1, 300, 000, and the Dalmik Well Drilling operational assets-trucks, drilling rigs, equipment, supplies, and goodwill-are available for $1, 690, 000. Ownership is committed to providing consulting and transitional training to ensure a seamless handoff. Offered "As-Is" Some seller financing is available for qualified owner-operators with 33 percent Earnest Money. Proof of funds and a signed NDA is required to access business documentation and operational Asset list. Scheduled Showings on Sundays by appointment. See attached Offering Memorandum for full details.
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$2,990,000
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
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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 | $2,392,000 | $2,392,000 | $2,392,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $2,597 | $2,597 | $2,597 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,024 | $14,150 | $19,704 |
| Total Monthly Payment | $15,745 | $16,871 | $22,425 |
* 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.