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Down a quiet road in the heart of Sherman, this exceptional 5 ACRE parcel offers a rare blend of readiness and wildness. It's a place where nature feels untouched, a private sanctuary defined by moss covered stone outcroppings, a variety of native trees and the constant, melodic song of a babbling brook. The atmosphere is nothing short of MAGICAL. This isn't just raw land; it is a coveted building lot with a thoughtful site plan and health dept approval already in place, positioning you one step closer to breaking ground on your home vision. While the property feels worlds away, it remains perfectly connected to the best of the Litchfield Hills and the Hudson Valley. Enjoy access to the waters of CANDLEWOOD LAKE, local hiking trails, serene fishing spots, all while being just minutes from the small-town charm of Sherman and neighboring Pawling. Whether it's a weekend escape or a permanent change of pace, this property is a rare find, a peaceful haven just 1 hour and 20 minutes from New York City. This is where the landscape sets the tone and your ideas can finally take root.
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$220,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $176,000 | $176,000 | $176,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,041 | $1,084 | $1,426 |
| Total Monthly Payment | $1,116 | $1,159 | $1,501 |
* 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.