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This Is The Old Ruckies General Store on the four corners in Abbington, Village of Pomfret. This store was an operational landmark from the 50's untill just a few years ago. This Large property lends itself to adding much value. You have the 3400 square foot storefront, which is currently not operational; however, upstairs, you have another 3400 square feet of space, which was an old dance hall back in the day, with tall ceilings, wood floors, and historic charm and energy. This space, with town approval and parking solutions, could be used for many things, a salon, a coffee shop, a bakery, or for consistent cash flow, with approval, if converted into two 1650 ft residential units. which would add to the existing 2-bedroom apartment currently not rented, and is in the renovation process. Also, on the basement level, there was an old post office built out, yet never used for that purpose. This space lends another 3700 sq ft of potential income-producing space. . This building has incredible potential for a highly sought after business location, with a little vision and work. come and give it a good lookin at!
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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 | $4,800 | $4,800 | $4,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $28 | $30 | $40 |
| Total Monthly Payment | $103 | $105 | $115 |
* 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.