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Presented by
Vincent Mark Engingro |
Rare 6. 31-Acre Water View Opportunity -Ready for the final touches & Subdivision Potential Discover an extraordinary waterfront estate offering breathtaking water views and exceptional potential. This property presents a unique opportunity for investors, developers, or those seeking a private retreat, with subdivision possibilities (Buyer(s) and buyer's agent responsible for all due diligence. Listing agent makes no representations. Information deemed reliable but not guaranteed. Buyer to verify all details. ). The main house, built in 1880, is ready for your vision. It has been professionally studded out and reinforced with engineering-quality beams and supports, providing a solid foundation for a stunning renovation. Imagine customizing your dream home, preserving the timeless charm while incorporating modern luxury, all while overlooking the shimmering river from the house and three levels of decks. The carriage house is poised for transformation into a quaint 2-bedroom, 1-bathroom dwelling. This versatile space is perfect for multi-generational living, guest accommodations, or as an income-generating rental. The generous acreage ensures a sense of privacy and tranquility, with panoramic water vistas from multiple points. Located minutes from Groton amenities this property blends immediate renovation upside with long-term land value and creative possibilities. A rare blank canvas along the water, ideal for those looking to create a legacy!
| Type | Level |
|---|---|
| Living Room | Main |
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.
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$1,100,000
REALTOR
William Raveis Real Estate
Phone: 203.509.2865
VM.Engingro@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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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 | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $551 | $551 | $551 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,859 | $5,276 | $7,308 |
| Total Monthly Payment | $5,535 | $5,952 | $7,984 |
* 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.