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Presented by
Stephanie Barnes GRI, AHWD |
Parcel Offered Independently Now available separately, with the option to purchase alongside the neighboring residence if desired. An exceptional opportunity on one of Newtown's original Great Ring parcels, 42 Great Ring Road offers 3. 43 acres of open, versatile land ideal for building, farming, stables, or creating a private buffer. With pastoral views, rolling hills, and sweeping sunsets, this rare lot provides the space and calm that make this corner of Fairfield County so desirable - offering more privacy and breathing room than many neighboring towns. Builders, investors, or buyers looking to custom build may purchase the parcel on its own for $399, 000, without acquiring the home next door. If purchased simultaneously with the adjoining residence at 40 Great Ring Road (Parcel ID 210998), the lot is available for $299, 000 - a compelling opportunity for a compound-style setting or expanded long-term flexibility. For full details on the home at 40 Great Ring Road (MLS #24136998), please see its separate listing. Agents, please see private remarks section for agents only for more land info.
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$399,000
Sales Associate
William Raveis Real Estate
Phone: 203.368.8754
Stephanie.Barnes@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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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 | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,888 | $1,991 | $2,606 |
| Total Monthly Payment | $1,963 | $2,066 | $2,681 |
* 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.