|
|
Welcome to one of Connecticut's hidden gems. This beautiful south-facing homesite consists of 32 acres of mixed hardwoods, hemlocks, mountain laurel, streams, and established trails. Bordering approximately 7, 000 acres of state forest, the property offers exceptional access to outdoor recreation including hiking, horseback riding, mountain biking, fishing, and more. One boundary is formed by scenic Mine Brook, a year-round stream with local history, while an additional spring-fed stream borders the proposed homesite area. The proposed building area has been partially cleared to help showcase the vision for the property. Improvements include maintained logging roads and trails, selective invasive species mitigation, clearing of portions of the homesite, and removal of certain trail and roadway hazards. A temporary construction access driveway has also been installed. The property has been surveyed and approved by the town with proposed home plans, septic design, test pits, perc testing, proposed well location, and driveway plan available for review. Approximately 27 acres remain classified under PA 490 Forestry status, which has been maintained for over 40 years. Forestry information and prior forester contacts are available to prospective purchasers. Despite the private setting, the property is conveniently located within approximately 10-20 minutes of amenities in East Hampton, Middletown, and Portland, with nearby access to Great Pond and the Connecticut River.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
For homebuyers and sellers, our Attorney Network:
$389,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $311,200 | $311,200 | $311,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,916 | $1,965 | $2,584 |
| Total Monthly Payment | $1,991 | $2,040 | $2,659 |
* 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.