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This 15. 6-acre property presents a rare and versatile opportunity for development, agriculture, or creating a private retreat. Tucked away in a peaceful and scenic location, the land is bordered by newer homes and the East Windsor Sportsman Club, offering both privacy and a sense of community. A gravel access road leads to two large tobacco sheds, each recently upgraded with new $90, 000 roofs-ideal for storage, livestock, or repurposing for other uses. The property's size and layout lend themselves to a wide range of possibilities, from building a private estate to subdividing into multiple lots, or using the land for farming, horses, or livestock. There is strong potential to create up to five building lots without the need for additional infrastructure, making this an attractive investment for developers or multi-home planning. Utility connections, including a possible water hookup at the end of Napoleon Drive, may further enhance access and development potential. While prior development approvals have lapsed during the COVID period, the groundwork has been laid for interested buyers to pursue new approvals. An adjacent 6. 34-acre parcel is also available, offering even more flexibility for expansion or complementary use. Don't miss this chance to invest in a sizable piece of land with endless potential-reach out to the listing agent with any questions.
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William Raveis Real Estate
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Contact@raveis.com
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $359,920 | $359,920 | $359,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,156 | $2,245 | $2,965 |
| Total Monthly Payment | $2,231 | $2,320 | $3,040 |
* 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.