Property Description Located on Chapin Avenue in the desirable town of Rocky Hill, this . 66-acre parcel offers a rare opportunity to build in a well-established and centrally located community. Set on a spacious lot with ample frontage, the property provides the perfect balance of privacy and accessibility-ideal for a custom home or investment project. Rocky Hill is known for its suburban charm, proximity to the Connecticut River, and easy access to major employment hubs, making this location attractive for both homeowners and investors, Offering seamless connectivity: Interstate 91 (I-91) - Quick access north to Hartford and south to New Haven Connecticut Route 99 (Silas Deane Highway) - Main commercial corridor with shopping, dining and fun! Connecticut Route 3 - Direct route connecting nearby towns like Cromwell and Wethersfield Connecticut Route 160 - East-west access, including connection to the Connecticut River ferry Local Attractions & Lifestyle Enjoy nearby recreational and lifestyle amenities: Dinosaur State Park - one of the largest dinosaur track sites in North America, Lot is flat and ready to be built on.
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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 | $79,920 | $79,920 | $79,920 |
| 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 | $492 | $505 | $664 |
| Total Monthly Payment | $567 | $580 | $739 |
* 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.